<Result Ann>KINGSOFT 3Q Net Profit Surges Nearly 2x YoY to RMB142M
KINGSOFT (03888.HK) announced the results for the three months ended 30 September 2016.
Net profit amounted to RMB142 million, up 1.98 times yearly. Basic EPS was RMB0.11.
During the period, turnover was RMB2.227 billion, showing a yearly rise of 47.79%.
The group's profit margin was 65%, down 3 ppts against the previous quarter.
Revenue from the online game, Cheetah Mobile and cloud services, office software and others businesses represented 35%, 50% and 15%, respectively, of the group's total revenue for the third quarter of 2016.
Revenues from the three business lines reflect revenue earned by each of the business lines after elimination of intra-group transactions.
Source: AAStocks Financial News