Noah holdings limited announces unaudited financial results for the second quarter of 2024

Shanghai , aug. 28, 2024 /prnewswire/ -- noah holdings limited ("noah" or the "company") (nyse: noah and hkex: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. second quarter 2024 financial highlights                                                                                                                             n et revenue s for the second quarter of 2024 were rmb615.8 million (us$84.7 million), a 34.6% decrease from the corresponding period in 2023, and a 5.2% decrease from the first quarter of 2024，primarily due to a decrease in distribution of insurance products.
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