Kingsoft Office reports strong 2024 results, profit soars
Beijing Kingsoft Office Software (SSE:688111) announced preliminary financial results for 2024, reporting a 12.40% increase in total operating revenue, reaching RMB 5.12 billion. Operating profit rose by 24.31% to RMB 1.74 billion, and total profit increased by 25.94% to RMB 1.75 billion. Net profit attributable to parent company shareholders reached RMB 1.65 billion, a 24.84% increase year-over-year. Excluding non-recurring items, net profit attributable to shareholders increased by 23.30% to RMB 1.56 billion. Basic earnings per share stood at RMB 3.56, an increase of 24.48% year-over-year. Total assets increased by 13.87% to RMB 15.91 billion. The company emphasized its strategic focus on innovation, particularly in collaborative and AI-driven solutions, as a key driver of its performance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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