Kingsoft sees Q3 loss share from JVs and associates at RMB1-1.2bn
Kingsoft expects its pre-tax share of losses from joint ventures and associates to reach RMB1,000-1,200 million in Q3 2026, Reuters reports.
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what happened
Reuters reports that Kingsoft Corporation Limited expects its share of losses from joint ventures and associates, before taxation, to total RMB1,000-1,200 million in the third quarter of 2026.
The company said the projected Q3 2026 losses are mainly attributable to a decline in the share prices of technology companies in which it has invested.
why it matters
The forecast highlights how weaker valuations of investee technology companies may affect Kingsoft’s reported results for the third quarter of 2026.
instruments
sources
- Kingsoft Expects Quarterly Share Of Losses Of Joint Ventures And Associates (Before Taxation) Rmb1,000-1,200 Million — Reuters, 12 October 2026 at 10:27 UTC
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