The latest update is out from Kingsoft ( (HK:3888) ).
Kingsoft Corporation Limited has announced its audited financial results for the year ending December 31, 2024, showing a significant increase in revenue and profitability. The company reported a 21% increase in revenue to RMB 10.3 billion and a 64% rise in operating profit to RMB 3.6 billion compared to the previous year. Profit attributable to owners of the parent surged by 221%, reflecting strong operational performance. The Board has recommended a final dividend of HK$0.15 per share, pending shareholder approval. These results indicate a robust financial position and positive growth trajectory for Kingsoft, potentially enhancing its market position and shareholder value.
More about Kingsoft
Kingsoft Corporation Limited is a company incorporated in the Cayman Islands, primarily operating in the software industry. It is listed on the Hong Kong Stock Exchange and is known for its development of software products and services.
YTD Price Performance: 31.75%
Average Trading Volume: 5,850
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.24B
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