Kingsoft Office's total revenue in Q1 this year was 1.225 billion yuan, a year-on-year increase of 16.54%, and its net profit was 367 million yuan, a year-on-year increase of 37.31%.

According to news from this site on April 24, Kingsoft Office released its first quarter report for 2024 today. The data showed that Kingsoft Office’s operating income for the quarter was 1,225,297,495.19 yuan (1.225 billion yuan), a year-on-year increase of 16.54%; attributable to shareholders of listed companies The net profit was 367,017,201.69 yuan (367 million yuan), a year-on-year increase of 37.31%.

# In terms of the company’s first-quarter business, Kingsoft Office’s first-quarter subscription business revenue reached 977 million, accounting for more than 79%. Among them, domestic personal subscription revenue in China was 734 million yuan, a year-on-year increase of 24.80%; domestic institutional subscription revenue was 242 million yuan, a year-on-year increase of 13.57%.

According to reports, as of March 31, 2024, the number of monthly active devices for Kingsoft Office’s main products was 602 million, a year-on-year increase of 2.21%. Among them, the number of monthly active devices of WPS Office PC version is 270 million, a year-on-year increase of 7.14%; the number of monthly active devices of the mobile version is 329 million, a year-on-year decrease of 1.50%. Officials stated that the number of monthly active devices for major products is defined as the combined active number of each terminal of WPS Office and Kingsoft PowerWord, excluding product data such as Kingsoft Documents. According to this site’s report earlier this year, Kingsoft Office’s 2023 annual performance announcement data showed that in 2023, the company achieved total operating income of 4.556 billion yuan, a year-on-year increase of 17.27%;

belongs to the parent company Owner's net profit was 1.319 billion yuan, a year-on-year increase of 18.03%

; basic earnings per share was 2.86 yuan. Early this month, Kingsoft announced that

WPS Office will integrate Kingsoft Documents

, allowing you to create new documents directly within WPS and initiate multi-person online collaboration. At the same time, WPS AI will launch more than 20 AI functions (merged into AI Hub, AI Docs, and Enterprise Intelligent Assistant), access MiniMax, Zhipu AI, SenseTime, Wenxinyiyan, and Tongyi Large Model, and support AI writing Functions such as lengthening and streamlining formulas and content writing. In addition, WPS 365 also debuted at the beginning of this month, including the upgraded WPS Office, the newly released WPS AI Enterprise Edition and WPS Collaboration.

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