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Stock impact report

OneConnect Releases Q3 2024 Results with Net Profit Attributable to Parent Company Reaching RMB110 million [Yahoo! Finance]

OneConnect Financial Technology Co., Ltd. American Depositary Shares, each representing thirty ordinary shares (OCFT) 
Company Research Source: Yahoo! Finance
business technology service provider for financial institutions, announced its results for the first three quarters ending September 30, 2024. 2024 is a pivotal year for OneConnect as it advanced the second phase of its strategy, focusing on "product upgrades, deepening customer relationships, and overseas expansion." OneConnect continued to accelerate the output of Ping An's technology and its own product development, concentrating resources to create high-value, high-barrier products. In the meantime, the Company has been actively expanding in overseas markets, tailoring products to address local market demands and institutional pain points while exploring innovative collaboration models to meet the increasingly diverse needs of the global digital finance landscape. Net Profit attributable to the Parent Company reached RMB110 Million in First Nine Months Throughout this year, OneConnect's profitability has further improved, and its overseas business has maintained robust growt Show less Read more
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