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KINGSOFT CLOUD (03896.HK) Opens Up 3.3% as 2025 Loss Narrows; KINGSOFT (03888.HK) Opens Mildly Higher Post-Results
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KINGSOFT CLOUD (03896.HK) opened 3.3% higher at HKD7.8 this morning, with a pre-market trading volume of 962,000 shares, involving HKD7.5036 million. KINGSOFT (03888.HK) also rose by 0.4% to HKD23.02 at open, with a pre-market trading volume of 95,500 shares, involving HKD2.1974 million. According to the results of KINGSOFT CLOUD for 2025, the company's revenue grew by 22.8% YoY to RMB9.559 billion in accordance with US GAAP. Specifically, public cloud service revenue increased by 32.5% to RMB6.634 billion. The company also recorded a rise of 12.1% in gross profit to RMB1.503 billion and trimmed the loss from RMB1.967 billion in the previous year to RMB936 million. Under non-GAAP financial measures, KINGSOFT CLOUD's full-year adjusted EBITDA and adjusted EBITDA margin soared by 265.7% and 8.2% to RMB2.336 billion and 24.4%. AAStocks Financial News |
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