Summary by Moomoo AI
Kingsoft Corporation announced that its subsidiary, Beijing Kingsoft Office Software Co., Ltd. (Kingsoft Office), released the main financial data and indicators for the nine months ending September 30, 2024 on October 25, 2024. The report shows that Kingsoft Office's revenue reached 1,213,824 thousand RMB during this period, an increase of 10.53% year-on-year, while the net profit attributable to shareholders of the listed company was 318,439 thousand RMB, a year-on-year growth of 8.33%. In addition, Kingsoft Office's total research and development investment reached 454,060 thousand RMB, accounting for 37.41% of the revenue, an increase of 4.74 percentage points compared to the same period last year. Kingsoft Office's financial data is unaudited and only reflects the business operation of Kingsoft Office and its controlled subsidiaries, not fully reflecting the overall operation of the Kingsoft Group. Investors should exercise caution when buying or selling shares of Kingsoft Corporation.
