Phoenix New Media Hong Kong stocks | Kingsoft Industries (00040) announced that for the six months ended September 30, 2021, the profit attributable to the owners of the company was HK $40.437 million, a decrease of 18% compared with the same period last year; earnings per share were HK5.15 cents.

During the period, turnover was HK $3.584 billion, an increase of 14.48 per cent over the same period last year.

Global shipping disruptions and a shortage of electronic components are expected to remain challenges for the Group in balancing inventory optimization, ensuring working capital and on-time delivery. The Group's investment strategies to develop its brand, enhance sales and distribution capabilities, strengthen scientific research and development products, and rebalance production capacity in China and Southeast Asia enabled its business performance to remain stable during the outbreak. The Group will continue this strategy to further enhance the competitiveness of brands and products in key markets.