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KINGSOFT (03888.HK) Subsidiary Kingsoft Office (688111.SH) 1Q Net Profit RMB2.195B Surges 4.45x
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KINGSOFT (03888.HK) announced that its subsidiary Kingsoft Office (688111.SH) released its first-quarter report. Revenue reached RMB1.613 billion, up 24% YoY. Net profit attributable to shareholders amounted to RMB2.195 billion, representing a 445% increase, mainly due to substantial investment gains generated from certain external investment fund projects during the period. EPS was RMB4.74. (de/d)

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