Daiwa: Recommends a "shareholding" rating for kingsoft (03888), with the target price raised to HK$32.
UBS raised kingsoft's revenue forecast from 0.6% to 2.2% for the years 2021 to 2026.
Kingsoft (03888.HK) held a board of directors meeting on November 19 to review and approve the third quarter performance.
Gelonghui November 4th | kingsoft (03888.HK) announced that the company will hold a board of directors meeting on November 19, 2024 (Tuesday) to review and approve the unaudited performance of the company and its subsidiaries for the three months ending September 30, 2024.
KINGSOFT: NOTIFICATION OF BOARD MEETING
The Ministry of Industry and Information Technology of China: The total profit of the software industry in the first three quarters increased by 11.2% year-on-year.
The data released by the Ministry of Industry and Information Technology shows that in the first three quarters of this year, the total revenue and profits of the mainland software business were 9.83 trillion yuan and 1.16 trillion yuan respectively, with year-on-year growth of 10.8% and 11.2% respectively.
Kingsoft (03888.HK) subsidiary Beijing Kingsoft Office Software, Inc. earned 1.04 billion RMB in the first nine months, an increase of 16.4%.
Kingsoft (03888.HK) announced that its subsidiary Beijing Kingsoft Office Software, Inc. (688111.SH) achieved revenue of 3.627 billion yuan in the first nine months, an annual increase of 10.9%. The attributable net profit to shareholders was 1.04 billion yuan, an increase of 16.4%, with an EPS of 2.25 yuan.
Kingsoft Reports Strong Financial Growth in 2024