Kingsoft Announces 2023 Interim and Second Quarter Results
-- AI Product Deployment Accelerates; Subscription Business Continues to Grow
- -- 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.