Brief: Kingsoft Corp Posts FY Loss Attributable of RMB1.55 Billion

Kingsoft

24/03/2020 10:53

March 24 (Reuters) - Kingsoft Corp Ltd  3888.HK :
    * FY REVENUE RMB8.22 BILLION (NOT RMB8.22) VERSUS RMB5.91
BILLION
    * RECOMMENDED PAYMENT OF A FINAL DIVIDEND OF HK$0.10 PER
SHARE
    * COVID-19 OUTBREAK DID NOT POSE ANY SIGNIFICANT IMPACT TO
GROUP'S
OPERATIONS
    * FY LOSS ATTRIBUTABLE RMB1.55 BILLION VERSUS PROFIT OF
RMB389.2
MILLION
    * CO IS CONSIDERING A POSSIBLE SPIN-OFF AND SEPARATE LISTING
OF
KINGSOFT CLOUD HOLDINGS LIMITED

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS25rPY8
Further company coverage:  3888.HK 

 ((Reuters.Briefs@thomsonreuters.com;))