Kingsoft Cloud Holdings Limited (KC) Reports Q2 Loss of RMB0.14/sh

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Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results

August 22, 2023 6:35 AM EDT

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, With our top priority remaining to achieve high-quality and sustainable development, we keep our focus on selected verticals and invest in core technologies to build our competencies and improve our efficiencies. Our execution of these strategies is well reflected in the sustained robust growth... More