OneConnect Announces First Quarter 2024 Unaudited Financial Results
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OneConnect Financial Technology Co., Ltd. American Depositary Shares, each representing thirty ordinary shares (OCFT)
Company Research
Source: PR Newswire
Gross Margin of Continuing Operations[1] Improved by 0.3ppt and Net Margin of Continuing Operations to Shareholders Narrowed by 0.7ppt for First Quarter 2024SHENZHEN, China, May 21, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a- service provider for financial services industry in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsRevenue from continuing operations was RMB723 million as compared to RMB894 million for the same period of the prior year.Gross margin of continuing operations increased by 0.3ppt year-over-year to 37.7% as compared to 37.4% for the same period of the prior year; non-IFRS gross margin of continuing operations was 40.0% as compared to 40.1% for the same period of the prior year.Operating loss from continuing operations narrowed 15.1% to RMB66 million, as compared to RMB78 m
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- OneConnect Announces First Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- OneConnect to Announce First Quarter 2024 Financial ResultsPR Newswire
- OneConnect Files Annual Report on Form 20-FPR Newswire
OCFT
Sec Filings
- 5/28/24 - Form 6-K
- 5/21/24 - Form 6-K
- 5/8/24 - Form 6-K
- OCFT's page on the SEC website