Movement Alert｜KINGSOFT Rises 5.12% in Regular Trading, Subsidiary Kingsoft Office Forecasts H1 Net Profit Up Over 2.6x YoY

Market Focus07-31

On July 31, KINGSOFT rose 5.12% in regular trading, trading at HKD 26.76/share, with turnover of HKD 181 million.

On the news front, KINGSOFT announced on July 28 that its controlled subsidiary Kingsoft Office disclosed its H1 performance forecast, projecting net profit growth of over 2.6 times year-over-year. For reference, Kingsoft Office reported H1 revenue of RMB 2.657 billion and net profit attributable to the parent of RMB 747 million in the prior-year period. As the group's core office software and services asset, Kingsoft Office's substantial earnings growth provides strong support for overall group profitability. Multiple institutional research reports had previously indicated that office business revenue would maintain robust double-digit growth, and this forecast further validates that outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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