OCFT - Earnings announcements

Revenue from third-party overseas customers increased by 23.4% YoY in first three quarters of 2024 SHENZHEN, China, Nov. 14, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), 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-IF

SHENZHEN, China, Nov. 4, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended September 30, 2024, and its publication before U.S. markets open on Thursday, November 14, 2024. A conference call will follow on the same day. Date/Time Thursday, November 14, 2024 at 7:00 a.m., U.S. Eastern timeThursday, November 14, 2024 at 8:00 p.m., Hong Kong time Participant Online Registration Link: https://www.netroadshow.com/events/login?show=44204564&c

Net Margin of Continuing Operations to Shareholders Improved to -2.4%Net Margin of Continuing and Discontinued Operations[1] to Shareholders Improved to 35.1%  SHENZHEN, China, Aug. 16, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for the financial services industry in China, today announced its unaudited financial results for the second quarter and half year ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue from continuing operations was RMB692 million, compared to RMB939 million for the same period of the prior year.Gross margin of continuing operations was 36.6%,

SHENZHEN, China, Aug. 6, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended June 30, 2024, and its publication before U.S. markets open on Friday, August 16, 2024. A conference call will follow on the same day. Date/Time Friday, August 16, 2024 at 8:00 a.m., U.S. Eastern timeFriday, August 16, 2024 at 8:00 p.m., Hong Kong time Participant Online Registration Link: https://www.netroadshow.com/events/login?show=1b2c1d6f&confId=69140  The

Gross Margin of Continuing Operations[1] Improved by 0.3ppt and Net Margin of Continuing Operations to Shareholders Narrowed by 0.7ppt for First Quarter 2024 SHENZHEN, China, May 21, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a- service provider for financial services industry in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenue from continuing operations was RMB723 million as compared to RMB894 million for the same period of the prior year.Gross margin of continuing operations increased by 0.3ppt year-over-

SHENZHEN, China, May 8, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended March 31, 2024, and its publication before U.S. markets open on Tuesday, May 21, 2024. A conference call will follow on the same day. Date/Time Tuesday, May 21, 2024 at 8:00 a.m., U.S. Eastern timeTuesday, May 21, 2024 at 8:00 p.m., Hong Kong time Participant Online Registration Link: https://www.netroadshow.com/events/login?show=f962eec4&confId=64991  The Compan

Net Margin to Shareholders Improved to -8.8% for Fourth Quarter 2023 SHENZHEN, China, March 18, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net loss attributable to shareholders was RMB81 million, as compared to RMB177 million for the same period of the prior year. Net margin to shareholders improved by 5.5 percentage points to -8.8% as compared to -14.3% for the same period of the prior year.Net

SHENZHEN, China, March 6, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release (i) the quarterly results of the Company and its subsidiaries for the three months ended December 31, 2023, and its publication and (ii) the annual results of the Company and its subsidiaries for the full year ended December 31, 2023, and its publication before U.S. markets open on Monday, March 18, 2023. A conference call will follow on the same day. Date/Time Monday, March 18, 2024 at 8:00 a.m., U.S. Eastern timeMonday, March 18, 2024 at 8:00

Net Margin to Shareholders Improved to -10.8% for Third Quarter 2023 SHENZHEN, China, Nov. 13, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2023. Third Quarter 2023 Financial Highlights Revenue was RMB844 million as compared to RMB1,069 million for the same period of the prior year.Gross margin decreased slightly to 35.0% as compared to 35.1% for the same period of the prior year; non-IFRS gross margin increased 1.0 percentage point to 39.4%

Gross Margin Remained Stable and Net Margin to Shareholders Improved by 13.2ppt YoY for Second Quarter 2023 SHENZHEN, China, Aug. 16, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the second quarter and half year ended June 30, 2023. Second Quarter 2023 Financial Highlights Revenue was RMB973 million as compared to RMB1,134 million for the same period of the prior year.Gross margin remained stable at 36.2%, the same for the same period of the prior year; non-IFRS gross margin decreased slightly t

SHENZHEN, China, Aug. 1, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended June 30, 2023, and its publication before U.S. markets open on Wednesday, August 16, 2023. A conference call will follow on the same day. Date/TimeWednesday, August 16, 2023 at 8:00 a.m., U.S. Eastern timeWednesday, August 16, 2023 at 8:00 p.m., Hong Kong time Participant Online Registration Link:https://www.netroadshow.com/events/login?show=d269d5c7&confId=53982

Gross Margin Improved by 2.8ppt and Net Loss Ratio to Shareholders Improved by 19.4ppt YoY for First Quarter 2023 SHENZHEN, China, May 22, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights Revenue was RMB926 million as compared to RMB1,019 million for the same period of the prior year.Gross margin increased by 2.8ppt year-over-year to 37.1% as compared to 34.3% for the same period of the prior year; non-IFRS gross margin

SHENZHEN, China, May 15, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended March 31, 2023, and its publication before U.S. markets open on Monday, May 22, 2023. A conference call will follow on the same day. Date/Time Monday, May 22, 2023 at 8:00 a.m., U.S. Eastern timeMonday, May 22, 2023 at 8:00 p.m., Hong Kong time Participant Online Registration Link: https://www.netroadshow.com/events/login?show=d43a3fd2&confId=50864 The Company's

Revenue from third-party customers Reached RMB442 million and Net Profit Margin attributable to shareholders Improved to -14.3% for fourth Quarter 2022 SHENZHEN, China, March 13, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights Revenue from third-party customers increased 6.7% year-over-year to RMB442 million from RMB414 million.Revenue decreased 3.0% year-over-year to RMB1,242 million from RMB1,280 million

SHENZHEN, China, March 3, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release (i) the quarterly results of the Company and its subsidiaries for the three months ended December 31, 2022, and its publication and (ii) the annual results of the Company and its subsidiaries for the full year ended December 31, 2022, and its publication before U.S. markets open on Monday, March 13, 2023.  A conference call will follow on the same day. Date/Time Monday, March 13, 2023 at 8:00 a.m., U.S. Eastern Time Monday, March 13, 2023 at 8:0

SHANGHAI, Nov. 23, 2022 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights Total income decreased by 17.2% to RMB13,193 million (US$1,855 million) in the third quarter of 2022 from RMB15,924 million in the same period of 2021.Net profit decreased by 67.1% to RMB1,355 million (US$190 million) in the third quarter of 2022 from RMB4,115 million in the same period of 2021.   (In millions except percentages, unaudited) Three Months Ended September 30, 2021 2022 YoY

Revenue Reached RMB1,069 million and Net Profit Margin Improved to -12.4% for Third Quarter 2022 OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Financial Highlights Revenue increased 0.4% year-over-year to RMB1,069 million from RMB1,065 million. Gross margin was 35.1% as compared to 35.5% for the same period of the prior year; non-IFRS gross margin was 38.4%, as compared to 42.2% for the same period of the prior year. Net loss attributa

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release (i) the unaudited quarterly results of the Company and its subsidiaries for the three months ended September 30, 2022, and its publication and (ii) the unaudited third quarterly results of the Company and its subsidiaries for the nine months ended September 30, 2022, and its publication before U.S. markets open on Thursday, November 10, 2022. A conference call will follow on the same day. Date/Time Thursday, November 10, 2022 at 7:00 a.m., U.S. Eastern Time Thursday, November 10, 2022 at

Revenue Up by 17.2% and Adjusted Net Profit Margin1 Improved by 17.3ppt YoY for Second Quarter 2022 OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a technology-as-a-service provider for the financial services industry in China with an expanding international presence, today announced its unaudited financial results for the second quarter and half year ended June 30, 2022. Second Quarter 2022 Financial Highlights Revenue increased 17.2% year-over-year to RMB1,134 million from RMB968 million. Gross margin was 36.2% as compared to 34.1% same period of the prior year; non-IFRS gross margin was 40.0%, as compared to 42.3% for the same period of the p

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release financial results for the second quarter and first half of 2022 before U.S. markets open on Wednesday, August 17, 2022. A conference call will follow on the same day. Date/Time Wednesday, August 17, 2022 at 8:00 a.m., U.S. Eastern Time Wednesday, August 17, 2022 at 8:00 p.m., Hong Kong Time Webcast link: Mandarin Channel: https://live.vhall.com/v3/lives/watch/329458304 English Channel: https://live.vhall.com/v3/lives/subscribe/769132279 Dial-in Numbers: Mandarin Channel: Access code:

Revenue Up by 24.3% and Adjusted Net Loss Ratio1 Improved by 9.6ppt YoY for First Quarter 2022 OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenue increased 24.3% year-over-year to RMB1,019 million from RMB820 million. Gross margin was 34.3% as compared to 34.0% same period of the prior year; non-IFRS gross margin was 38.8%, as compared to 43.5% same period of the prior year. Operating loss was RMB355 million, as compared to RMB346

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release financial results for the First Quarter 2022 after U.S. markets close on Wednesday, May 25, 2022. A conference call will follow on the same day. Date/Time Wednesday, May 25, 2022 at 9:00 p.m., U.S. Eastern Time Thursday, May 26, 2022 at 9:00 a.m., Beijing Time Online registration Online registration: https://www.incommglobalevents.com/registration/q4inc/10962/oneconnect-financial-technology-co-ltd-1q22-earnings-release/ Please register in advance using the link provided above. You wil

Attaching great importance to shareholder returns, annual cash dividend per share grew by 8.2% year on year HONG KONG and SHANGHAI, March 17, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An of China," "Ping An," the "Company" or the "Group," HKEX: 2318; SSE: 601318) today announced its financial results for the year ended December 31, 2021. Despite the complex and difficult business environment and market challenges in 2021, Ping An adhered to the philosophy of "Expertise makes life simple" and continued to upgrade the Group's "integrated finance + healthcare" strategy. The Group accelerated the reform of the life insurance business and digital trans

Revenue Up by 25% and Net Margin Improvement by 10ppt YoY for Full Year 2021 OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Financial Highlights Revenue increased 19% year-over-year to RMB1,280 million from RMB1,076 million. Gross margin expanded year-over-year to 35% from 34%; non-IFRS gross margin1 was 41%, as compared to 43% same period of the prior year. Operating loss narrowed year-over-year to RMB380 million from RMB414 million.

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release financial results for the Fourth Quarter and Full Year 2021 after U.S. markets close on Thursday, February 24, 2022. A conference call will follow on the same day. Date/Time Thursday, February 24, 2022 at 8:00 p.m., U.S. Eastern Time Friday, February 25, 2022 at 9:00 a.m., Beijing Time Online registration Online registration: https://www.incommglobalevents.com/registration/q4inc/10120/oneconnect-financial-technology-co-ltd-fy2021-earnings-release/ Please register in advance using the

Revenue Growth of 20.8% and Net Loss Ratio Improvement of 2.3ppt YoY OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Financial Highlights Revenue increased 20.8% year over year to RMB 1,065 million from RMB 881 million for the same period last year. Gross margin was 35.5%, as compared to 42.7% for the same period last year; non-IFRS gross margin1 was 42.2%, as compared to 51.2% for the same period last year. Operating margin was -26.6%,

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release financial results for the Third quarter 2021 after U.S. markets close on Thursday, November 18, 2021. A conference call will follow on the same day. Date/Time Thursday, November 18, 2021 at 8:00 p.m., U.S. Eastern Time Friday, November 19, 2021 at 9:00 a.m., Beijing Time Online registration Online registration: http://www.directeventreg.com/registration/event/7195680 Please register in advance using the link provided above. You will receive an email confirmation with conference access

Revenue Growth of 25.0% and Net Loss Ratio Improvement of 6.7ppt YoY OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE:OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced its unaudited financial results for the second quarter and half year ended June 30, 2021. Second Quarter 2021 Financial Highlights Revenue increased 25.0% year over year to RMB968 million from RMB774 million. Gross margin was 34.1%, as compared to 38.4% for the same period last year; non-IFRS gross margin1 was 42.3%, as compared to 47.5% for the same period last year. Operating loss was RMB395 million, as compared to RMB361 million for