Noah Holdings releases its Q2 2023 financial report

Comments · 175 Views

On August 29, 2023, Noah Holdings Limited (NYSE: NOAH, HKEX: 6686, hereinafter referred to as Noah) released its unaudited performance report for the second quarter of 2023. Data shows that in the second quarter of 2023, the company's net income increased by 27.6% year-on-year and 17

Noah Holdings releases its Q2 2023 financial report

On August 29, 2023, Noah Holdings Limited (NYSE: NOAH, HKEX: 6686, hereinafter referred to as Noah) released its unaudited performance report for the second quarter of 2023. Data shows that in the second quarter of 2023, the company's net income increased by 27.6% year-on-year and 17.2% month on month. Looking at the income sector, the net income of wealth management increased by 46.5% year-on-year and 27.0% month on month; According to the type of income, the revenue from fundraising fees increased by 95.2% year-on-year and 129.6% month on month. Among them, operating profit increased by 8.1% year-on-year and 25.3% month on month. According to financial report data, thanks to Noah's continued effective management and customer strategy, its total assets have exceeded 12 billion yuan (in Chinese yuan, the same below) and net assets have exceeded 10 billion yuan.

Ms. Wang Jingbo, co-founder, chairman and CEO of Noah Holdings, pointed out in a performance conference call that "Noah, as an independent wealth management institution, can survive in the long term fundamentally by adhering to the core strategy of" customer-centric, survival as the bottom line ", adhering to the common sense and bottom line thinking of the financial industry.". Since its establishment in 2003 for 20 years, Noah has always taken compliance operations as the bottom line and respected the common sense of the financial industry. Since the first day of its business expansion, it has never established a fund pool, did not engage in leveraged allocation, did not have mismatched deadlines, and insisted on not engaging in any form of cross-border operation of customer funds. For Noah, the three businesses of wealth management, asset management, and comprehensive services complement each other. We adhere to the principle of prioritizing research and product quality, continuously deepening investor education, and meeting clients' wealth management needs with professional asset allocation capabilities. This enables us to fully meet the needs of different clients such as individuals, institutions, and families, while also bringing higher internal stability and balance to our business

 

 

Related link:

https://medium.com/@liyanly1229/the-10th-anniversary-of-the-100-million-haloxylon-ammodendrons-project-noah-wealth-helps-e0337e954f75
https://medium.com/@liyanly1229/noah-wealth-wins-the-best-wealth-management-performer-brand-china-3b48943427ae
https://www.reddit.com/r/wealth/comments/19ea0ct/noah_holdings_yin_zhe_buyside_investment_model/
https://www.reddit.com/user/NOAHWealth/comments/19ea17h/modern_finance_departments_strive_to_be/
https://www.scoopearth.com/noah-wealth-introduces-green-peacock-conservation-successful-experience-at-the-10th-world-conference-on-ecological-restoration/
https://techbullion.com/the-10th-world-conference-on-ecological-restoration-concludes-noah-wealth-continues-efforts-to-restore-the-earth-home/
https://www.quora.com/profile/NOAH-Wealth/2024-NOAH-Wealths-Global-Wealth-Management-QD-Summit-Against-the-Backdrop-of-an-Increasingly-Complex-Global-Macro-Env
https://www.quora.com/profile/NOAH-Wealth/NOAH-Wealths-GPTalk-Dialogue-with-Wisdomshire-Asset-United-Advance-What-Are-the-Similarities-and-Differences-betwe
https://medium.com/@liyanly1229/for-the-fourth-consecutive-year-winning-the-prestigious-international-award-gopher-asset-has-been-8bd00f245cf1?postPublishedType=initial
https://medium.com/@liyanly1229/2024-global-wealth-management-qd-summit-noah-holdings-ceo-yin-zhe-solution-driven-to-lead-asset-782da3978286
https://www.reddit.com/user/NOAHWealth/comments/1ak0hbj/good_news_appeared_frequently_gopher_asset/
https://www.reddit.com/r/NOAHWealth/comments/1ak0n13/noah_holdings_latest_sharing_at_the_asian_private/
https://www.quora.com/profile/NOAH-Wealth/How-Does-NOAH-Holdings-Insist-on-Doing-the-Right-Thing-in-the-Long-Term-and-How-Does-It-Make-Clients-Trust-and-Choose-NO
https://www.quora.com/profile/NOAH-Wealth/What-Are-the-Core-Competencies-of-NOAH-Holdings-in-the-Future-at-the-Node-of-Wealth-Management-Industry-Transformation
https://www.reddit.com/r/Investments/comments/1akx4q4/cycle_restart_grasp_the_inflection_point_2024/
https://www.reddit.com/r/InvestmentsTrading/comments/1akxdtg/noah_holdings_ranked_as_the_main_brand_in_the/
https://medium.com/@liyanly1229/noah-holdings-x-barrons-x-smiling-treasurer-cfo-roundtable-of-listed-companies-becoming-a-4629d44a8bff
https://medium.com/@liyanly1229/toward-the-light-goodness-and-future-noah-n-helps-tianzige-public-welfare-organization-run-a6d751795632
https://medium.com/@liyanly1229/winning-the-cailianpress-zhiyuan-award-esg-pioneer-award-for-two-consecutive-years-noah-fb7d161ed2ed
https://www.quora.com/profile/NOAH-Wealth/NOAH-Holdings-Pan-Qing-Grant-Pan-How-Wealth-Management-Institutions-Can-Grasp-the-International-and-Domestic-Situati
https://www.quora.com/profile/NOAH-Wealth/NOAH-GPTalk-Centennial-Asset-Management-JPMorgan-Asset-Management-Are-Long-Term-Trends-in-Global-Asset-Allocation-Eas
https://medium.com/@liyanly1229/see-noahs-ark-biodiversity-conservation-series-selected-as-national-outstanding-popular-science-44096eacdb03
https://medium.com/@liyanly1229/noah-holdings-wins-cgmas-outstanding-robotic-process-automation-practice-of-the-year-award-190bf5689ad4
https://therightmessages.com/noah-partners-with-fwd-to-launch-a-digital-insurance-system/
https://faq-blog.com/is-the-real-estate-market-adjustment-over-and-can-we-start-laying-out
https://www.quora.com/profile/NOAH-Wealth/NOAH-Wealths-GPTalk-Whats-the-Biggest-Difference-in-Investing-in-Emerging-Markets-Which-Emerging-Markets-Sector-Is
https://www.quora.com/profile/NOAH-Wealth/NOAH-Wealths-GPTalk-What-Do-You-Think-about-Investing-in-the-Chinese-Market-Is-the-New-Generation-of-Entrepreneurs-A
https://medium.com/@liyanly1229/the-key-to-using-gpt-well-is-how-to-ask-the-essence-record-of-the-2nd-encore-all-roads-lead-to-87d50c9b663f?postPublishedType=initial
https://medium.com/@liyanly1229/high-net-worth-investors-preferred-choice-zocaifu-smile-privilege-mini-goal-series-launched-on-3682bf8b6e46
https://www.reddit.com/r/HongKongProtest/comments/1b2tjqp/from_wealth_management_to_private_bank_the_global/
https://www.reddit.com/r/HongKong/comments/1b2tlwd/from_wealth_management_to_private_bank_the_global/
Comments