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金融壹账通(06638)发布前三季度业绩,股东应占溢利1.1亿元,同比扭亏为盈

oneconnect financial technology (06638) announced its performance for the first three quarters, with a profit attributable to shareholders of 0.11 billion yuan, turning losses into profits year-on-year.

Zhitong Finance ·  Nov 14 19:45

Financial One Account (06638) announced results for the third quarter and nine months ended September 30, 2024. As of...

According to the Zhitong Finance App, Financial One Account (06638) announced results for the third quarter and nine months ended September 30, 2024. For the three months ended September 30, 2024, revenue was 0.417 billion yuan (RMB, same below); gross profit of 0.137 billion yuan; shareholders' losses were 29.51 million yuan, a year-on-year decrease of 67.54%.

For the nine months ended September 30, 2024, revenue was 1.833 billion yuan; gross profit of 0.662 billion yuan; profit attributable to shareholders was 0.11 billion yuan, turning a loss into profit over the previous year; and earnings per share of 0.1 yuan.

Chairman and CEO Mr. Shen Chongfeng said, “In a challenging macroeconomic environment, our revenue in the third quarter experienced a year-on-year decline. The main reason for this was that cloud service platform revenue contracted due to the gradual termination of its strategy. Despite this, we are encouraged by the continued growth in overseas markets. This quarter, third-party overseas customer revenue increased 23.4% year-on-year in the first three quarters of this year, reflecting the increasing recognition of our products and services from overseas customers. This is the result of our commitment to product upgrading and integration, deepening customer cultivation, and innovative cooperation models and overseas expansion. Furthermore, we have achieved year-on-year loss reduction through effective cost control measures. Looking forward to the future, we are committed to using artificial intelligence technology to enhance product competitiveness, seize overseas market opportunities, improve operational efficiency, and strive to achieve medium-term profit goals.”

Chief Financial Officer Mr. Lin Rubo said, “In the third quarter of 2024, our net loss from continuing operations to mother narrowed by 41.9% year-on-year. This improvement was due to our continued implementation of strict financial management, which reduced operating expenses for continuing businesses by 47.8% year over year. The gross margin for the continuing business was 32.7% for the quarter, and the adjusted gross margin was 35.6%. In the future, we will focus on delivering more high-value products and increasing product standardization rates to increase gross profit levels. At the same time, we will continue to optimize the cost structure, expand overseas business and deepen cooperation with strategic and quality+ customers. I believe these strategic measures will drive our future development and create more value for our customers and shareholders.”

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