The Digital Source For China's Tech Innovation Since 2000

Kingsoft Operating Revenue Up 69% While Profit Slides

March 31, 2016
Editorial Staff

Chinese software provider Kingsoft published its unaudited performance for 2015, stating that its operating revenue reached CNY5.676 billion, a year-on-year increase of 69%; and its net profit was CNY369 million, a year-on-year decrease of 52%.

During 2015, the company stated 24% of revenue was from online games, 63% was from Cheetah Mobile, and 13% was from office software and other businesses. At the same time, the company's gross profit increased by 58% year-on-year to CNY4.356 billion.

Kingsoft's online game business achieved revenue of CNY1.369 billion in 2015, representing a year-on-year increase of 9%; Cheetah Mobile achieved revenue of CNY3.562 billion, a year-on-year increase of 113%; and its revenue from office software and other businesses was CNY745.6 million, a year-on-year increase of 76%.

At the same time, the report also revealed Kingsoft's performance for the fourth quarter of 2015. During the fourth quarter of 2015, Kingsoft's online game business revenue increased by 20% year-on-year to CNY415 million; Cheetah Mobile's revenue increased by 89% year-on-year to CNY1.1 billion; and its software and other businesses revenue increased by 83% year-on-year to CNY263.1 million. Kingsoft's combined operating revenue for the fourth quarter of 2015 reached CNY1.778 billion, a year-on-year increase of 66% and an increase of 18% compared with the previous quarter.

Related Topics: Cheetah Mobile | Internet game | Kingsoft | online game | statistics

Other News:

Linekong Grabs Hong Kong Mobile Game Stake

January 28, 2016

Sifu: Creating an Authentic Kung Fu Action Game Set in a Fictional Chinese Setting “Made the Most Sense” to Sloclap

November 30, 2021
mp1st.com mp1st.com

China Mobile Net Profit Up 2.7%

March 20, 2013

China Plays The Long Game While U.S. Blows Bubbles

October 1, 2021
seeitmarket.com seeitmarket.com

Chinese Official Sacked for Negligence, Video Game Addiction; Faces Criminal Investigation – Samachar Central

July 18, 2022
samacharcentral.com samacharcentral.com

TikTok limits its use to children in China to just 40 minutes a day

September 21, 2021
bullfrag.com bullfrag.com

Taobao.com To Explore Taiwanese Internet Shopping Market

September 10, 2009

Sports happenings in Singapore (17-23 Jul)

July 24, 2023
sg.news.yahoo.com sg.news.yahoo.com

China Releases First Report Of Covid-19 Deaths Since Loosening Of Curbs

December 19, 2022
english.jagran.com english.jagran.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.