Kingsoft (HK:3888) has released an update.
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Kingsoft Corporation Limited has reported strong financial results for the third quarter of 2024, with revenue surging by 42% year-on-year to RMB 2.91 billion and operating profit jumping 204% to RMB 1.14 billion. The company’s profit attributable to shareholders soared 1,351% compared to the same period last year, highlighting significant growth in their core office software products. This impressive performance is further supported by a 5% increase in monthly active devices of key products, reaching 618 million users.
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