Kingsoft (HK:3888) has released an update.
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Kingsoft Corporation Limited has reported an encouraging set of financial results for the first half of 2024, showing a substantial increase in both revenue and net profit. Revenue rose by 11.09% compared to the same period last year, while net profit attributable to shareholders jumped by 20.38%. The company has also seen a healthy cash flow from operating activities, indicating robust financial health and operational efficiency.
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