Kingsoft Cloud Widens Q2, H1 Losses

MT Newswires Live

Aug 20

Kingsoft Cloud (HKG:3896) widened its attributable loss in the second quarter of 2025 to 457.5 million yuan from 353.2 million yuan in the year-ago period, a Wednesday filing with the Hong Kong bourse said.

Loss per share rose to 0.11 yuan in the three months from 0.10 yuan in the corresponding period of the last year.

Revenue increased 24% to 2.35 billion yuan in the period from 1.89 billion yuan a year prior due to expanded revenue from AI-related customers amid the upgradation of AI infrastructure and products.

In the first half of 2025, attributable loss widened by 8.3% to 771.4 million yuan from 712.6 million yuan previously, with earnings per share remaining consistent at 0.20 yuan.

Revenue in the six months rose 18% to 4.32 billion yuan from 3.67 billion yuan in the prior-year period.

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