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KINGSOFT CLOUD Opens 6.7% Lower as 1Q Net Loss Narrows to RMB314M
Recommend 22 Positive 31 Negative 13 |
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KINGSOFT CLOUD (03896.HK) (KC.US) announced its 1Q25 results yesterday. Revenue under US GAAP was RMB1.97 billion, up 10.9% YoY. Net loss amounted to RMB314 million, narrowing from a net loss of RMB359 million in the same period last year. KINGSOFT CLOUD opened 6.7% lower at $6.27 today, with 2.86 million shares traded in pre-opening session, involving $17.9322 million. Its ADS also slumped 7.91% to close at US$11.88 overnight. AAStocks Financial News Website: www.aastocks.com |
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