OCFT OneConnect Financial Technology
- 1.930
- -0.070-3.50%
- 1.920
- -0.010-0.52%
OneConnect Financial Technology News
OneConnect Financial Technology Shrinks Loss in 2023
OneConnect Financial Technology (HKG:6638) recorded a decline in attributable loss for the year ended Dec. 31, 2023, to 362.7 million yuan from 872.3 million yuan in 2022, according to the company's a
金融壹賬通：2023年度報告
OneConnect Financial Expects HK$309 Million Gain From Sale of Virtual Lender
OneConnect Financial Technology (HKG:6638) reassessed the gain from the disposal of Ping An Insurance OneConnect Bank (Hong Kong) or PAOB to be HK$309 million or 262 million yuan, according to a Wedne
OneConnect Financial Technology Sells Hong Kong Virtual Lender to Lufax
OneConnect Financial Technology (HKG:6638) has completed the sale of Ping An Insurance OneConnect Bank (Hong Kong) or PAOB to Lufax Holding (HKG:6623), a Tuesday filing by the technology provider on t
Financial One Account (06638) completed the sale of 100% shares in Ping An One Account Bank
Financial One Account (06638) issued an announcement. On November 13, 2023 (after the Hong Kong trading session), the company...
Citigroup Adjusts Price Target on OneConnect Financial Technology to $7 From $6.98, Keeps Buy Rating
Citigroup Adjusts Price Target on OneConnect Financial Technology to $7 From $6.98, Keeps Buy Rating.
OneConnect Fincl Tech Is Maintained at Buy by Citigroup
OneConnect Fincl Tech Is Maintained at Buy by Citigroup
OneConnect Fincl Tech Price Target Raised to $7.00/Share From $6.98 by Citigroup
OneConnect Fincl Tech Price Target Raised to $7.00/Share From $6.98 by Citigroup
OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2023 Earnings Call Transcript
Citigroup Maintains Buy on OneConnect Financial Tech, Raises Price Target to $7
Citigroup analyst Judy Zhang maintains OneConnect Financial Tech with a Buy and raises the price target from $6.98 to $7.
OneConnect Financial Tech Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 03/19/2024 189.26% Citigroup $6.98 → $7 Maintains Buy 08/18/2022 -50.41% HSBC $1.5 → $1.2 Reinstates → Hol
Analysts Offer Insights on Technology Companies: OneConnect Financial Technology (OCFT), Cisco Systems (CSCO) and IPG Photonics (IPGP)
Earnings Call Summary | OneConnect Financial Technology(OCFT.US) Q4 2023 Earnings Conference
The following is a summary of the OneConnect Financial Technology Co., Ltd. (OCFT) Q4 2023 Earnings Call Transcript:Financial Performance:OneConnect reported a significant reduction in net loss attrib
Gelonghui Announcements Selected (Hong Kong Stock) | Reading Group (00772.HK) Announces Annual Results Monthly Paying User Growth of Its Own Platform Products by Over 20%, Officially Entering the Boutique Short Drama Market
[Today's Focus] Reading Text Group (00772.HK) announced its annual results, with monthly paying users of its platform products growing by more than 20%. Reading Group (00772.HK) announced that for the year ended December 31, 2023, the company's revenue reached RMB 7,011.8 million, and the profit attributable to the company's equity holders increased 32.3% year-on-year to RMB 804.9 million. The average monthly paying users of the company's own platform products and self-operated channels increased 10.1% year-on-year from 7.9 million to 8.7 million in the same year. In particular, the company's own platform
Financial One Account released annual results with gross profit of 1,349 million yuan, and revenue contributed by overseas customers increased 37.2% year-on-year to 182 million yuan
Financial One Account (06638) announced its 2023 annual results. The group achieved total revenue of 3,668 billion yuan (RMB, same below); gross profit of 1,349 billion yuan; gross profit margin of 36.8%; and R&D expenditure of 955 million yuan during the period.
OCFT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
Steady progress towards mid-term profit! Financial One Account reduced losses by more than 500 million dollars in 2023, and gross margin increased steadily
On March 18, Financial One Account (OCFT.US, 06638.HK) released the 2023 unaudited performance report. According to the report, the annual revenue of Financial One Account in 2023 was 3.67 billion yuan, gross margin increased 0.2 percentage points to 36.8% year on year, adjusted non-IFRS gross margin increased 0.2 percentage points year on year to 40.3% year on year, and net profit margin to mother increased from -19.5% to -9.9%, a sharp increase of 9.6 percentage points year on year. Shen Chongfeng, Chairman and CEO of Financial One Account, said that it has benefited from various aspects such as products, customers, and fee control
OneConnect Financial Technology Reports Q4 Results
OCFT: INSIDE INFORMATION UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2023 AND OVERSEAS REGULATORY ANNOUNCEMENT
OneConnect Financial Tech Q4 EPS $(0.31) Beats $(1.62) Estimate, Sales $128.31M Miss $142.69M Estimate
OneConnect Financial Tech (NYSE:OCFT) reported quarterly losses of $(0.31) per share which beat the analyst consensus estimate of $(1.62) by 80.8 percent.
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