06:18 AM EDT, 03/21/2024 (MT Newswires) -- Lufax Holding ( LU ) reported a Q4 loss Thursday of 1.48 renminbi ($0.21) per diluted American depositary share, compared with a loss of 1.42 renminbi a year earlier.

A single analyst polled by Capital IQ expected a loss of 0.36 renminbi.

Total income for the quarter ended Dec. 31 was 6.86 billion renminbi, down from 12.32 billion renminbi a year earlier.

Three analysts surveyed by Capital IQ expected 7.58 billion renminbi.

The Chinese financial services company's board also voted to recommend a special dividend of $2.42 per ADS, which is subject to the approval of shareholders at a May 30 general meeting.

Lufax ( LU ) was up over 27% in recent Thursday premarket activity.

Price: 4.3, Change: +0.93, Percent Change: +27.6