Lufax Reports First Quarter 2021 Unaudited Financial Results
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Lufax Holding (LU) Tops Q1 EPS by 3c, Revenues Beat
April 26, 2021 4:36 PM EDTLufax Holding (NYSE: LU) reported Q1 EPS of $0.30, $0.03 better than the analyst estimate of $0.27. Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.23 billion.
Mr. Ji Guangheng, Chairman of Lufax, commented, Thanks to our careful navigation through the recent regulatory uncertainty, we were able to position ourselves favorably to execute our growth strategy in alignment with policy direction to produce strong results for the first quarter. With increased transparency in policy, we are able to confidently push forward with our mission to responsibly and compassionately serve small businesses and underbanked... More
