06:03 PM EDT, 04/22/2024 (MT Newswires) -- Lufax Holding ( LU ) reported a Q1 loss late Monday of 1.52 Chinese renminbi ($0.21) per diluted American depositary share, compared with earnings of 1.18 renminbi a year earlier. Each ADS represents two ordinary shares.

Total income for the quarter ended March 31 fell to 6.96 billion renminbi from 10.08 billion renminbi a year earlier.

The company also said it has appointed Peiqing Zhu as chief financial officer, effective April 30, succeeding David Siu Kam Choy, who resigned due to personal reasons.

Zhu previously served as the general manager of the financial planning department at the head office of Ping An Bank, Lufax ( LU ) said.