Kingsoft's Attributable Profit Slides in Q2

MT Newswires Live
Aug 20

Kingsoft's (HKG:3888) attributable profit slipped to 532.4 million yuan in the second quarter from 393.4 million yuan in the year-ago period, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the software company grew to 0.38 yuan from 0.28 yuan in the prior-year period.

Revenue decreased 7% to 2.31 billion yuan from 2.47 billion yuan in the year-ago period.

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