KINGSOFT Subsidiary Kingsoft Office 1Q Net Profit RMB2.195B Surges 4.45x
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KINGSOFT's subsidiary, Kingsoft Office, reported a significant increase in its first-quarter net profit, reaching RMB2.195 billion, a 445% rise year-on-year. Revenue also grew by 24% to RMB1.613 billion, primarily driven by substantial investment gains from external projects. The earnings per share (EPS) stood at RMB4.74. The company's stock performance showed a slight decline of 1.221% in HK, while Kingsoft Office's shares increased by 0.911%.
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