Wang Pan, author of the first line of Tencent
In August 21st, Kingsoft released the first half of 2018 and the two quarter earnings. According to the financial report, Jinshan Software's revenue in the second quarter reached RMB 1.35 billion yuan, an increase of 4.8%, a net loss of 40.59 million yuan, compared with a net profit of 284 million yuan in the same period last year.
According to Jinshan Software Financial Report, its revenue mainly consists of three business components, namely, the first business network game, the second business cloud services, the third business office software and services and other.
According to the Jinshan Software Financial Report, it has encountered a lot of challenges in online games. Compared with the same period of last year, revenue has declined slightly, from 805 million yuan in the second quarter of last year to 581 million yuan in the second quarter of this year, a 27.8% decrease over the same period of last year.
The good news, however, is that cloud services and office software and services, as well as others, have increased substantially. Jinshanyun's revenue in the second quarter increased from 304 million yuan last year to 468 million yuan this year. Office software and services and other second-quarter revenue also increased to 295 million yuan, compared with 175 million yuan in the same period last year.
According to the Jinshan software financial report, Jinshan cloud revenue reached 468 million yuan, 54% higher than the same period last year, accounting for 35% of Jinshan software revenue.
The second half of cloud computing has come since last year, said Wang Yulin, CEO of Jinshan Yun. At present, China is vigorously promoting the construction of smart cities and the digital transformation of enterprises. Competition among the leading factories in the cloud industry is unprecedentedly fierce.