Lufax Swings to Q3 Loss as Total Income Plunges

MT Newswires Live10-21

Lufax (HKG:6623) swung to an attributable loss of 874.8 million yuan in the third quarter from a profit of 93.8 million yuan in the year-ago period, according to a Monday filing with the Hong Kong Stock Exchange.

The financial services company swung to a loss per share of 0.56 yuan from EPS of 0.08 yuan in the previous year.

Total income declined to 5.54 billion yuan from 8.05 billion yuan a year earlier.

Shares closed 2% lower on Monday.

Price (HKD): $12.06, Change: $-0.26, Percent Change: -2.11%

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