Summary by Moomoo AI
Lufax Holdings Limited (referred to as "Lufax") released its interim financial report on August 21, 2024, showing that as of June 30, 2024, the company's loan balance decreased by 44.8% compared to the same period last year, to 235.2 billion yuan. The balance of consumer finance loans increased by 27.9% to 42 billion yuan. During the same period, the total new loan amount decreased to 93.3 billion yuan, with new consumer finance loans increasing to 42.4 billion yuan. The company's total revenue decreased from 19.348 billion yuan in the first half of last year to 12.940 billion yuan, with a net loss of 1.560 billion yuan. The balance sheet shows the company's net assets as 82.676 billion yuan, including 37.114 billion yuan in bank deposits. In addition, the company completed the acquisition of Jin Yi Tong Limited and became an indirect non-wholly-owned subsidiary of Ping An Insurance. During the reporting period, the company did not declare semi-annual dividends.
