OneConnect Financial Technology Co., Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 42.67 million compared to CNY 32.56 million a year ago. Revenue was CNY 924.57 million compared to CNY 1,242.43 million a year ago. Net loss was CNY 81.35 million compared to CNY 177.34 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.16 a year ago.
For the full year, sales was CNY 145.92 million compared to CNY 106.54 million a year ago. Revenue was CNY 3,667.51 million compared to CNY 4,464 million a year ago. Net loss was CNY 362.72 million compared to CNY 872.27 million a year ago. Basic loss per share from continuing operations was CNY 0.33 compared to CNY 0.8 a year ago.