[ET Net News Agency, 22 November 2017] Kingsoft (03888) said its profit attributable to
owners of the parent for the three months ended 30 September 2017 rose 68.3% year-on-year
to Rmb238 million.
Basic and diluted earnings per share were Rmb0.18.
Revenue amounted to Rmb1,303 million, an increase of 16% from a year earlier.
Gross profit grew 6% year-on-year to Rmb744 million. Goss profit margin decreased by six
percentage points year-over-year and five percentage points quarter-over-quarter to 57%.
The decline trend of gross profit margin was mainly due to increased revenue contribution
from cloud business, which has relatively lower gross profit margin. (HL)