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OneConnect Announces Third Quarter and Nine Months Ended September 30, 2024 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 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 Highlights Revenue 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 shareholders was -7.1%, compared to -6.3% during the same period last year. Net lo Show less Read more
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