OneConnect Financial Technology Co., Ltd. Q4 Loss Increases

OneConnect Financial Technology Co., Ltd. (OCFT) reported Loss for its fourth quarter of -RMB587.33 million

The company's bottom line came in at -RMB587.33 million, or -RMB15.67 per share. This compares with -RMB44.25 million, or -RMB1.29 per share, last year.

The company's revenue for the period fell 52.9% to RMB415.23 million from RMB881.90 million last year.

OneConnect Financial Technology Co., Ltd. earnings at a glance (GAAP) :

-Earnings: -RMB587.33 Mln. vs. -RMB44.25 Mln. last year.
-EPS: -RMB15.67 vs. -RMB1.29 last year.
-Revenue: RMB415.23 Mln vs. RMB881.90 Mln last year.

by RTTNews Staff Writer

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