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Kingsoft Corp Ltd (3888.HK)

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Latest Key Developments (Source: Significant Developments)

Kingsoft Corp Posts Qtrly Profit Attributable Of RMB118.4 Mln
Wednesday, 23 May 2018 

May 23 (Reuters) - Kingsoft Corp Ltd <3888.HK>::QTRLY PROFIT ATTRIBUTABLE RMB118.4 MILLION VERSUS RMB238.5 MILLION.QTRLY REVENUE RMB1.26 BILLION VERSUS RMB1.21 BILLION.  Full Article

Kingsoft Corp Says Kingsoft Cloud To Issue 117.8 Million Series D Preferred Shares
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Kingsoft Corp Ltd <3888.HK>::KINGSOFT CORP-KINGSOFT CLOUD TO ISSUE 117.8 MILLION SERIES D PREFERRED SHARES;EACH OF CO & GY INVESTOR TO SUBSCRIBE FOR 58.9 MILLION SERIES D PREFERRED SHARES.KINGSOFT CORP -CO & GY INVESTOR AS SUBSCRIBERS AGREED TO SUBSCRIBE FOR SERIES D PREFERRED SHARES FOR US$50 MILLION​.KINGSOFT CORP-‍KINGSOFT CLOUD TO ISSUE 23.6 MILLION SERIES D PREFERRED SHARES & CO & SHUNWEI INVESTOR TO SUBSCRIBE FOR 11.8 MILLION SHARES FOR US$10 MILLION​.  Full Article

Kingsoft Corp posts Q3 profit attributable of RMB238.5​ mln
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Kingsoft Corp Ltd <3888.HK>::Q3 profit attributable RMB‍238.5​ million versus RMB141.7 million a year ago.‍Q3 revenue RMB1.30 billion versus RMB1.12 billion​.  Full Article

Kingsoft Corp & unit, Minsheng Investor and parties enter into share purchase agreement​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Kingsoft Corp Ltd <3888.HK>:Co, Minsheng Investor, Kingsoft Cloud Group, certain KSC shareholder and officer entered into share purchase agreement​.Deal for consideration of US$100 million​.Under agreement, ‍Kingsoft Cloud issued of 235.7 million series D preferred shares and Minsheng Investor subscribed 117.8 million shares ​.‍Proceeds from issue of series D preferred shares under share purchase agreement II, will be an aggregate of US$200 million​.‍Issue of series D preferred shares under agreement will have not give rise to a gain or loss on issuance date​.  Full Article

Kingsoft Corp posts Qtrly net loss RMB 807.6 million<3888.HK>
Friday, 19 Aug 2016 

Kingsoft Corp Ltd <3888.HK>: Announcement of the results for the three and six months ended 30 June 2016 <3888.HK> . Qtrly revenue RMB1.77 billion versus RMB 1.28 billion a year ago . Qtrly net loss RMB 807.6 million versus profit RMB 94 million a year ago . Says board has resolved not to declare any interim dividend in respect of the six months ended 30 June 2016 . The second quarter of 2016 is a challenging one for Kingsoft as cheetah Mobile is facing short-term revenue and profit pressure .  Full Article

BRIEF-Kingsoft Corp Posts FY Profit Attributable To Owners Of RMB3.20 Bln

* FY PROFIT ATTRIBUTABLE TO OWNERS RMB3.20 BILLION VERSUS LOSS OF RMB270.7 MILLION