Beijing Kingsoft Office Software,Inc.’s Net Profit Dropped 21.9% in First Quarter of 2022

Beijing Kingsoft Office Software,Inc. (北京金山办公软件股份有限公司) (688111.SH) reported a net profit of 255.6 million yuan in the first quarter of 2022, down 21.9% year-on-year.

Meanwhile, the company posted 868.1 million yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 24.5%.