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Noah’s wealth management revenue sees modest uptick in 2018

Noah Holdings

Noah Holdings posted a total net revenue of RMB 3,289.6 million for 2018, representing a 16.4% year-on-year increase from 2017, with the lion’s share of RMB 2,306 million (70%) attributable to the firm’s wealth management business — an 8.5% YoY uptick from RMB 2,126.3 million, according to its unaudited preliminary financial results. “We are pleased with our 2018 full-year results,…

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