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Kingsoft Office Reports Strong 2024 Financial Performance

Story Highlights
  • Kingsoft Office, a subsidiary of Kingsoft Corporation, reported a 12.40% revenue increase in 2024.
  • The subsidiary’s net profit attributable to shareholders rose by 24.84%, indicating strong market positioning.
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Kingsoft Office Reports Strong 2024 Financial Performance

Kingsoft ( (HK:3888) ) just unveiled an update.

Kingsoft Corporation Limited announced the 2024 financial results of its subsidiary, Beijing Kingsoft Office Software, Inc. The subsidiary reported a significant increase in revenue and net profit, with revenue rising by 12.40% and net profit attributable to shareholders increasing by 24.84% compared to the previous year. The company’s strong financial performance highlights its robust market positioning and potential for continued growth, benefiting its shareholders and investors.

More about Kingsoft

Kingsoft Corporation Limited operates in the software industry, focusing primarily on office software solutions. Its subsidiary, Beijing Kingsoft Office Software, Inc., is listed on the SSE STAR Market and provides office software products.

YTD Price Performance: 31.75%

Average Trading Volume: 5,850

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.24B

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