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OneConnect Announces Third Quarter and Nine Months Ended September 30, 2024 Unaudited Financial Results

OneConnect Financial Technology Co., Ltd. American Depositary Shares, each representing thirty ordinary shares (OCFT) 
Company Research Source: PR Newswire
Revenue from third-party overseas customers increased by 23.4% YoY in first three quarters of 2024SHENZHEN, China, Nov. 14, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2024.Third Quarter 2024 Financial HighlightsRevenue from continuing operations[1] was RMB417 million, compared to RMB807 million during the same period last year.Gross margin of continuing operations was 32.7%, compared to 36.6% during the same period last year; non-IFRS gross margin of continuing operations was 35.6%, compared to 40.7% during the same period last year.Net loss from continuing operations attributable to shareholders was RMB30 million, compared to RMB51 million during the same period last year. Net margin of continuing operations to s Show less Read more
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