360 Company announced its financial report for the first half of this year: total revenue of 4.503 billion yuan, net profit of -231 million yuan

News from this site on September 2. Recently, 360 Company announced its financial report for the first half of 2023. Total revenue was 4.503 billion yuan, a year-on-year decrease of 6.64%, and net profit attributable to the parent company was -231 million yuan, a year-on-year decrease of 42.04%. .

Among them, 360 Company’s second quarter revenue was 2.537 billion yuan, a year-on-year increase of 10.42%, and the net profit attributable to the parent company was -45 million yuan, a year-on-year decrease of 92.81%.

Digital security business, In the first half of this year, 360 Company achieved security and other related revenue of 908 million yuan, year-on-year A decrease of 12.50%, of which safety and other related income in the second quarter was 654 million yuan, a year-on-year increase of 98.76% and a month-on-month increase of 157.16%.

Internet business, in the first half of this year, 360 Company’s Internet commercialization and value-added services achieved a total revenue of 2.681 billion yuan, a year-on-year decrease of 5.92%. Among them, Internet advertising and service business revenue was 2.168 billion yuan, a year-on-year decrease of 6.13%; Internet value-added business revenue represented by games was 513 million yuan, a year-on-year decrease of 5.01%.

In the first half of this year, 360’s smart hardware business achieved operating income of 865 million yuan, a year-on-year decrease of 5.19%. 360 attributed this to the decline in demand from some large customers

This site learned from 360’s financial report that the company’s performance during the reporting period Research and development expenses were 1.560 billion yuan, accounting for 34.64% of revenue, an increase of 1.21 percentage points compared with the first half of 2022, and an increase of nearly 3.59 percentage points compared with the first half of 2021.

360 The company stated that as of the end of the reporting period, 360 Intelligent Brain 4.0 has included generation and creation, reading comprehension, multi-round dialogue, logic and reasoning, coding ability, knowledge Q&A, multi-language translation, multi-mode Ten core functions such as status, text rewriting, and text classification can cover all scenarios of large model application.

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