Ge Long Hui·2025-08-20 08:43Core Insights - Kingsoft Software (03888.HK) reported a revenue of RMB 2,307.4 million for Q2 2025, representing a year-on-year decline of 7% and a quarter-on-quarter decline of 1% [1] - The office software and services segment generated revenue of RMB 1,355.7 million, showing a year-on-year growth of 14% and a quarter-on-quarter growth of 4% [1] - The gaming and other businesses segment reported revenue of RMB 951.8 million, reflecting a year-on-year decline of 26% and a quarter-on-quarter decline of 8% [1] Revenue Breakdown - The growth in the office software segment was driven by the performance of WPS 365 and personal WPS business, attributed to enhanced product capabilities, quality service, and deep penetration into industry and business scenarios [1] - The decline in gaming revenue was primarily due to high comparative figures from the previous year for games like "Chasing White Zone" and "Sword Network 3" [1] Cost and Profitability - R&D expenses for Q2 2025 amounted to RMB 853.8 million, an increase of 15% year-on-year and 3% quarter-on-quarter, driven by ongoing investments in AI and collaboration capabilities [1] - The operating profit before share-based compensation costs was RMB 453.7 million, down 48% year-on-year and 31% quarter-on-quarter [2] - The profit attributable to the parent company was RMB 532.4 million, compared to RMB 393.4 million in Q2 2024 and RMB 283.9 million in Q1 2025 [2]