KINGSOFT (03888) released the 2024 annual performance report of Beijing Kingsoft Office Software, Inc. (688111.SH), with a net profit attributable to the parent of 1.645 billion yuan, a year-on-year increase of 24.84%.

KINGSOFT (03888) released the interim report of Beijing Kingsoft Office Software, Inc (688111.SH) for the fiscal year ending December 31, 2024. The total operating income was RMB 5.121 billion, an increase of 12.4% year-on-year; net profit attributable to shareholders was RMB 1.645 billion, an increase of 24.84% year-on-year; basic earnings per share were RMB 3.56. In the fiscal year 2024, the company made steady progress in its operations, focusing on the core strategic directions of "multi-screen, cloud, content, collaboration, AI". It continued to increase its research and development investment in the fields of collaboration and AI, driving product innovation and upgrades to create a product system that better meets user needs, effectively enhancing the company's market competitiveness and industry influence in the field of smart office. During the reporting period, the company's main business revenues maintained steady growth, while operational efficiency improvements and increased investment income collectively contributed to the rapid growth of the company's profits.