Lufax Holding Ltd. announced earnings guidance for the first quarter. half and year of 2022. For the quarter, the company expected total income to grow by 8% - 10% year over year to the range of RMB16.5 billion to RMB16.8 billion. In the first quarter, net profit will grow by -2% - 2% year over year to the range of RMB4.9 billion to RMB5.1 billion, when excluding impact from the legacy P2P products in 2021, net profit is expected to grow by 6% - 10% year over year.

For the first half, the company expected total income to grow by 10% - 12% year over year to the range of RMB33.1 billion to RMB33.7 billion, and net profit to grow by 1% - 3% year over year to the range of RMB9.8 billion to RMB10.0 billion, and by 6% - 9% excluding the legacy P2P impact in 2021.

For the full year, the company expected total income to grow by 10% - 12% to the range of RMB 68.0 billion to RMB 69.3 billion, and net profit to grow by 11% - 13% year over year to the range of RMB 18.6 billion to RMB 18.9 billion.