Summary by Futu AI
Kingsoft announced that its subsidiary, Beijing Kingsoft Office Software, Inc. (Beijing Kingsoft), released the main financial data and indicators for the nine months ending on September 30, 2024 on October 25, 2024. The report shows that Beijing Kingsoft's revenue during this period reached 1,213,824 thousand RMB, a year-on-year increase of 10.53%, while the net profit attributable to shareholders of the listed company was 318,439 thousand RMB, an 8.33% year-on-year increase. In addition, Beijing Kingsoft's total R&D investment reached 454,060 thousand RMB, accounting for 37.41% of the revenue, an increase of 4.74 percentage points from the same period last year. Beijing Kingsoft's financial data has not been audited and is limited to the business operations of Beijing Kingsoft and its controlled subsidiaries, not fully reflecting the overall operation of the Kingsoft group. Investors should exercise caution when trading Kingsoft shares.