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