Kingsoft Corp ( (KSFTF) ) has released its Q1 earnings. Here is a breakdown of the information Kingsoft Corp presented to its investors.
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Kingsoft Corporation Limited, a company based in the Cayman Islands, is primarily engaged in the development and provision of office software and services, as well as online games. The company is known for its WPS Office suite and its focus on integrating AI technology into its products.
In the first quarter of 2025, Kingsoft reported a 9% year-on-year increase in revenue, reaching RMB2,338.0 million. The company’s office software and services segment contributed RMB1,301.5 million, while the online games segment accounted for RMB1,036.5 million of the total revenue.
Key financial metrics revealed a stable operating profit of RMB601.5 million, although this represented a 46% decrease from the previous quarter. The company’s profit attributable to owners remained relatively unchanged year-on-year at RMB283.9 million. The company also saw an increase in monthly active devices for its WPS Office globally, reaching 647 million.
Looking ahead, Kingsoft’s management remains focused on enhancing its AI capabilities and expanding its global market presence. The company aims to continue developing its core office software offerings and online games, with upcoming releases expected to drive further engagement and growth.
Kingsoft’s strategic emphasis on AI and collaboration tools, alongside its commitment to innovation in the gaming sector, positions it for sustained growth in the coming quarters.
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