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BIZCHINA> Top Biz News
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Kingsoft' 08 profit jumps 87%
By Tong Hao (chinadaily.com.cn)
Updated: 2009-04-01 14:44 Kingsoft, a major software developer in China, said its net profit in 2008 increased by 87 percent to 310 million yuan ($45.36 million), driven by the booming performance of the online gaming sector.
In 2008, the online gaming business brought 553.7 million yuan to King Software, a 40 percent increase year-on-year. Currently, the company runs eight online games, among which six are self-developed. Revenue from its software sector in 2008 increased by 67 percent to 261.2 million yuan, and its anti-virus software contributed 77 percent. (For more biz stories, please visit Industries)
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