12:40 PM EDT, 08/22/2024 (MT Newswires) -- (Updates to add the stock movement in the headline and the first paragraph.)

Lufax Holding ( LU ) shares retreated nearly 12% in recent Thursday trading, a day after the company reported its Q2 results.

The company reported a Q2 loss late Wednesday of 0.69 Chinese renminbi ($0.09) per diluted share, swinging from earnings of 0.84 renminbi a year earlier.

Total income for the quarter ended June 30 was 5.98 billion renminbi, down from 9.27 billion renminbi a year earlier.

Analyst estimates were not available for comparison.

Price: 2.41, Change: -0.32, Percent Change: -11.72