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Kingsoft Announces 2023 Interim and Second Quarter Results

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Tuesday, August 22, 2023

-- AI Product Deployment Accelerates; Subscription Business Continues to Grow

Key Points:

-- AI Product Deployment Accelerates; Subscription Business Continues to Grow
HONG KONG, Aug 22, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2023 interim results and its second quarter results for the period ended 30 June 2023.
For the second quarter of 2023, the Company's revenue increased 20% year-on-year to RMB2,193.5 million.
Revenue from office software and services and online games and others represented 51% and 49%, respectively, of total revenue for the second quarter of 2023.
Mr. Jun LEI, Chairman of the Company, commented, "Our core businesses achieved robust growth in the second quarter of 2023.

Kingsoft Announces 2023 First Quarter Results

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Tuesday, May 23, 2023

Online, Tao, Marketing, ZOU, Android, JX, WPS, IOS, Government, Hong Kong Exchanges and Clearing, Organization, JX Online 3, IPS, Artificial intelligence, Growth, Video game, Kingsoft, AI

HONG KONG, May 23, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2023 ("period under review").

Key Points:

HONG KONG, May 23, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2023 ("period under review").
Mr. Jun LEI, Chairman of Kingsoft, commented, "We had a good start in the first quarter of 2023.
For the first quarter of 2023, revenue from the office software and services business increased 21% year on-year to RMB1,051.7 million.
Revenue from the online games and others business for the first quarter of 2023 decreased 6% year-on-year to RMB918.7 million.

Kingsoft Announces 2022 Annual and Fourth Quarter Results

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Tuesday, March 21, 2023

HONG KONG, Mar 22, 2023 - (ACN Newswire) - On 21 March 2023, Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2022 annual results and fourth quarter results for the period ended 31 December 2022.

Key Points:

HONG KONG, Mar 22, 2023 - (ACN Newswire) - On 21 March 2023, Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2022 annual results and fourth quarter results for the period ended 31 December 2022.
For the fourth quarter of 2022, the Company's revenue increased 16% year-on-year and 15% quarter-on-quarter to RMB2,112.4 million.
Revenue from the office software and services and online games and others represented 52% and 48%, respectively, of the Company's total revenue for the fourth quarter of 2022.
Gross profit for the fourth quarter of 2022 increased 20% year-on-year and 19% quarter-on-quarter to RMB1,740.8 million, while operating profit amounted to RMB618.7 million.

Kingsoft Announces 2022 Third Quarter Results

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Tuesday, November 15, 2022

Tao, Online, Growth, IP, ZOU, JX, Artificial intelligence, Government, WPS, Data management, WPS Office, Hong Kong Exchanges and Clearing, Animation, JX Online 3, Video game, Kingsoft

HONG KONG, Nov 15, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2022 ("period under review").

Key Points:

HONG KONG, Nov 15, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2022 ("period under review").
Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "During the third quarter, our total revenue reached RMB1,837.1 million, up 22% year-on-year.
For the third quarter of 2022, revenue from the office software and services business increased 25% year-on-year and 9% quarter-on-quarter to RMB1,004.7 million.
Revenue from the online games and others business for the third quarter of 2022 increased 18% year-on-year to RMB832.4 million.

Kingsoft Announces 2022 Interim and Second Quarter Results

Retrieved on:

Tuesday, August 23, 2022

Kingsoft Office Group Continues to Pursue "Multi-screen, Cloud, Content, AI and Collaboration" Product Strategy

Key Points:

Kingsoft Office Group Continues to Pursue "Multi-screen, Cloud, Content, AI and Collaboration" Product Strategy
HONG KONG, Aug 23, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2022 interim results and its second quarter results for the period ended 30 June 2022.
For the second quarter of 2022, the Company's revenue increased 24% year-on-year to RMB1,834.2 million.
Revenue from office software and services and online games and others represented 50% and 50%, respectively, of total revenue for the second quarter of 2022.
Gross profit for the second quarter of 2022 increased 22% year-on-year to RMB1,467.7 million, while operating profit increased 82% year-on-year to RMB418.7 million.

Kingsoft Announces 2022 First Quarter Results

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Tuesday, May 24, 2022

Tao, Online, Company, R, JX, Government, Solution, Review, COVID-19, Artificial intelligence, WPS Office, Hong Kong Exchanges and Clearing, JX Online 3, ZOU, Growth, Online gambling, Video game, Kingsoft

HONG KONG, May 24, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2022 ("period under review").

Key Points:

HONG KONG, May 24, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2022 ("period under review").
For the first quarter of 2022, revenue from the office software and services business increased 13% year-on-year to RMB871.1 million.
Revenue from the online games and others business for the first quarter of 2022 increased 25% year-on-year and 7% quarter-on-quarter to RMB981.9 million.
Mr. Jun LEI concluded, "The results we achieved in the first quarter lays a solid foundation for the year of 2022.

Kingsoft Announces 2021 Annual and Fourth Quarter Results

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Wednesday, March 23, 2022

HONG KONG, Mar 23, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2021 annual results and fourth quarter results for the period ended 31 December 2021.

Key Points:

HONG KONG, Mar 23, 2022 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2021 annual results and fourth quarter results for the period ended 31 December 2021.
For the fourth quarter of 2021, the Company's revenue increased 13% year-on-year and 21% quarter-on-quarter to RMB1,822.1 million.
Revenue from the office software and services and online games and others represented 50% and 50%, respectively, of the Company's total revenue for the fourth quarter of 2021.
Gross profit for the fourth quarter of 2021 increased 8% year-on-year and 17% quarter-on-quarter to RMB1,449.6 million, while operating profit amounted to RMB331.4 million.

Kingsoft Announces 2021 Third Quarter Results

Retrieved on:

Tuesday, November 16, 2021

HONG KONG, Nov 16, 2021 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2021 ("period under review").

Key Points:

HONG KONG, Nov 16, 2021 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2021 ("period under review").
Revenue from the office software and services business for the third quarter of 2021 increased 37% year-on-year to RMB803.7 million.
Gross profit for the third quarter of 2021 increased 7% year-on-year to RMB1,241.0 million.
Mr. Jun LEI, Chairman of Kingsoft, commented, "Our overall business grew steadily during the quarter.

Kingsoft Announces 2021 Interim and Second Quarter Results

Retrieved on:

Tuesday, August 24, 2021

Kingsoft Office Group to Pursue "Multi-screen, Cloud, Content, AI and Collaboration" Strategy

Key Points:

Kingsoft Office Group to Pursue "Multi-screen, Cloud, Content, AI and Collaboration" Strategy
HONG KONG, Aug 24, 2021 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2021 interim results and its second quarter results for the period ended 30 June 2021.
For the second quarter of 2021, the Company's revenue increased 4% year-on-year to RMB1,479.5 million.
Revenue from office software and services and online games and others represented 53% and 47%, respectively, of the Company's total revenue for the second quarter of 2021.
Gross profit for the second quarter of 2021 remained flat year-on-year and amounted to RMB1,207.9 million, while operating profit amounted to RMB229.8 million.