Kingsoft (HK:3888) has released an update.
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Kingsoft Corporation’s subsidiary, Beijing Kingsoft Office Software, Inc., reported a robust financial performance for the first nine months of 2024, with revenue and net profit showing impressive growth. The company’s revenue rose by 10.9% to RMB 3.63 billion, while the net profit attributable to shareholders increased by 16.41% to RMB 1.04 billion, indicating strong operational efficiency and market demand. Investors may find the significant increase in net cash flow from operating activities, which surged by 14.92%, particularly noteworthy.
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