OneConnect Reports a Growth for Gross Profit of 93.4% in Q2

Aug 05, 2020 11:19 AM (GMT+8) · EqualOcean

August 4, OneConnect, the US-listed fintech arm in the PingAn Group, released the financial result for the second quarter of 2020. The revenue increased by 48.4% to CNY 774 million and the gross profit rose by 93.4% to CNY 153.7 million. Net loss posted CNY 331 million, less than the figure of CNY 340 million in the same period last year.

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