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beijing kingsoft office software, inc (688111.SH): A subsidiary signed an advertising service agreement with Xiaomi Singapore.
On November 19, Gelonghui reported that beijing kingsoft office software, inc (688111.SH) announced that its wholly-owned subsidiary beijing kingsoft office software, inc Hong Kong signed an advertising service agreement with Xiaomi Singapore. The agreement stipulates that by providing online advertising services for Xiaomi Singapore through the WPS Office overseas Android app, both parties will share all advertising revenue obtained by Xiaomi Singapore through the WPS Office overseas Android app. Xiaomi Singapore is expected to pay approximately 6.97 million US dollars in advertising share revenue to beijing kingsoft office software, inc Hong Kong, of which the advertising sharing amount for 2024 is anticipated to be 2.97 million US dollars, while the advertising share for 2025 is expected to be.
Jinshan Office Report for the Third Quarter of 2024
Beijing Kingsoft Office Software, Inc. net profit attributable to the parent company increased by 16.41% year-on-year in the first three quarters, but domestic institutions' subscription services growth has stagnated.
① According to the financial report released by beijing kingsoft office software, inc, beijing kingsoft office software, inc achieved revenue of 3.627 billion yuan in the first three quarters of this year, a year-on-year increase of 10.90%, with a 16.41% year-on-year growth in net income attributable to the parent; ② The subscription business of personal office services in China remains the main driver of growth for beijing kingsoft office software, inc, with a year-on-year growth of 17.24% in the third quarter, while the growth of subscription and service business for domestic institutions is only 0.02%.
beijing kingsoft office software, inc: Q3 revenue increased by 11% year-on-year to 1.214 billion yuan, the commercialization effect of WPS AI is evident.
Beijing Kingsoft Office Software, Inc officially released the financial report data for the third quarter of 2024 today. In the third quarter, Beijing Kingsoft Office Software, Inc achieved a revenue of 1.214 billion yuan, an 11% year-on-year increase; net income attributable to owners of the parent company was 0.318 billion yuan, an 8% year-on-year increase; net income attributable to owners of the parent company after deducting non-recurring gains and losses was 0.303 billion yuan, a 7% year-on-year increase, maintaining steady growth. The monthly active devices for Beijing Kingsoft Office Software, Inc's main products reached a new historical high, with a monthly active device count of 0.618 billion, a 5% year-on-year increase. WPS AI 2.0 drove growth in personal office subscription services, the main business.
beijing kingsoft office software, inc (688111.SH) Financial Director Cui Yan has cumulatively reduced the company's shareholding by 7500 shares.
Beijing Kingsoft Office Software, Inc (688111.SH) announced that, as of October 9, 2024, the shareholding plan for this period is being implemented...
Beijing Kingsoft Office Software, Inc. (688111.SH): WPS AI has been integrated into the company's entire product line.
Beijing Kingsoft Office Software, Inc (688111.SH) stated on the interactive platform that WPS Office software and other products can run smoothly on various mainstream operating systems such as Windows, Linux, macOS, Android, iOS, and HarmonyOS. The company's products can be used on hardware devices based on the aforementioned operating systems, and WPS AI has been integrated into all of the company's products.
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