Earnings Call Summary | Lufax(LU.US) Q1 2024 Earnings Conference
Earnings Call Summary | Lufax(LU.US) Q1 2024 Earnings Conference
The following is a summary of the Lufax Holding Ltd (LU) Q1 2024 Earnings Call Transcript:
以下是陆金所控股有限公司(LU)2024年第一季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Lufax's total income was at 7 billion RMB, a decrease of 30.9% from the same quarter of the previous year due to lower new loan sales and outstanding loan balance.
The first quarter saw a decrease in new loan sales by 15.6%, caused by weak loan demand from Small Business Owners and strategic business shift from quantity to quality.
Pre-tax profits were RMB447 million in Q1 2024, a drop from RMB1.1 billion from the same period of the previous year.
Net loss of RMB830mn was reported for Q1 largely due to an increase in tax related to the special dividend.
陆金所的总收入为70亿元人民币,比上年同期下降30.9%,这是由于新贷款销售和未偿贷款余额减少所致。
第一季度新贷款销售下降了15.6%,这是由于小企业主的贷款需求疲软以及战略业务从数量向质量的转变。
2024年第一季度的税前利润为 RMB447 百万元,较去年同期的人民币11亿元有所下降。
第一季度报告的净亏损为8.3亿元人民币,这主要是由于与特别股息相关的税收增加。
Business Progress:
业务进展:
Lufax has noted an improvement in overall asset quality due to effective de-risking and diversification actions.
Despite decreased overall loan sales, new loan sales in consumer finance business increased by 46% YoY to RMB20.3 billion in Q1.
The company completed its acquisition of Ping An OneConnect Bank, ensuring diversification in service offerings.
Executive changes announced with CFO David resigning on April 30 and Zhu Peiqing taking his place.
A special dividend plan of USD 2.42 per ADS or USD 1.21 per ordinary share has been proposed, pending approval at the AGM.
Lufax expects the new loan volume to remain between RMB190 billion to RMB220 billion by year end, mirroring the previous quarter's outlook.
陆金所指出,由于有效的去风险和多元化行动,整体资产质量有所改善。
尽管整体贷款销售有所下降,但第一季度消费金融业务的新贷款销售额同比增长46%,达到人民币203亿元。
该公司完成了对平安OneConnect银行的收购,确保了服务的多元化。
宣布了高管变动,首席财务官戴维于4月30日辞职,朱培清接任。
已经提出了每股ADS2.42美元或每股普通股1.21美元的特别股息计划,尚待股东周年大会批准。
陆金所预计,到年底,新贷款量将保持在 RMB190 亿至 RMB220 亿美元之间,这反映了上一季度的前景。
More details: Lufax IR
更多详情: 卢金所 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。