Hywin 1Q21 net revenues up nearly 50%

9 June 2021 | 2 minutes read

Nasdaq-listed Chinese wealth manager Hywin Holdings has announced its unaudited 1Q21 financial results. Its net revenues rose 46.5% YoY from RMB 315.88 million to RMB 462.80 million (US$71.41 million). The improvement was primarily driven by wealth management services which grew 49.9% YoY from RMB 283.91 million to RMB 425.50 million, mostly due to expanded volumes in privately raised products and…

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