OneConnect Financial Technology's Q4'24 Loss Widens

MT Newswires Live

2025/03/19

OneConnect Financial Technology's (HKG:6638) attributable loss widened to 569.2 million yuan in the fourth quarter of 2024 from 81.3 million yuan in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.

Attributable loss per share at the financial services company widened to 0.52 yuan from 0.07 yuan in the previous year.

Revenue declined 53% to 415.2 million yuan from 881.9 million yuan a year earlier.

Shares slipped 2% during Wednesday's afternoon trading.

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