OneConnect Reports Improved Profitability Amid Revenue Dip
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OneConnect Reports Improved Profitability Amid Revenue Dip

OneConnect Financial Technology Co Ltd (HK:6638) has released an update.

OneConnect Financial Technology Co., Ltd. has reported its interim financial results for the first half of 2024, showing a revenue decline of 22.8% from the same period in 2023, but with a reduced operating loss from continuing operations. Despite the drop in revenue, the net loss attributable to shareholders improved significantly, turning into a net profit primarily due to gains from the disposal of its virtual banking business.

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