Noah Holdings (NOAH) reported Q4 non-GAAP net income late Tuesday of 1.87 Chinese renminbi ($0.26) per diluted American depository share, down from 3.36 renminbi a year earlier.
Net revenue after VAT related surcharges in the three months ended Dec. 31 fell to 651.9 million renminbi from 799.5 million renminbi a year earlier.
Shares of the company dropped 3.6% in recent after-hours trading.
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