SHANGHAI (AP) _ Noah Holdings Ltd. (NOAH) on Monday reported fourth-quarter net income of $44.1 million, after reporting a loss in the same period a year earlier.

The Shanghai-based company said it had profit of 65 cents per share. Earnings, adjusted for non-recurring costs, were 67 cents per share.

The wealth management firm posted revenue of $197.7 million in the period.

For the year, the company reported net income of $206.2 million, or $3.05 per share, swinging to a profit in the period. Revenue was reported as $673.7 million.

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