OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results [Yahoo! Finance]
OneConnect Financial Technology Co., Ltd. American Depositary Shares, each representing thirty ordinary shares (OCFT)
Company Research
Source: Yahoo! Finance
SHENZHEN, China March 18, 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 fourth quarter and full year ended December 31, 2023 Fourth Quarter 2023 Financial Highlights Net loss attributable to shareholders was RMB81 million , as compared to RMB177 million for the same period of the prior year. Net margin to shareholders improved by 5.5 percentage points to -8.8% as compared to -14.3% for the same period of the prior year. Net loss per ADS, basic and diluted, was RMB-2.24 as compared to RMB-4.80 for the same period of the prior year. Full Year 2023 Financial Highlights Gross margin was 36.8% as compared to 36.6% for the prior year; non- IFRS gross margin was 40.3%, as compared to 40.1% for the prior year. Net loss attributable to shareholders was RMB363 milli
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OCFT
News
- OneConnect Files Annual Report on Form 20-FPR Newswire
- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) had its price target raised by analysts at Citigroup Inc. from $6.98 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- OneConnect Announces Fourth Quarter and Full Year Unaudited Financial ResultsPR Newswire
- OneConnect to Announce Fourth Quarter and Full Year 2023 Financial ResultsPR Newswire
OCFT
Sec Filings
- 4/23/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/23/24 - Form 6-K
- OCFT's page on the SEC website