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The company announced its total revenue of 4.503 billion yuan and net profit of-231 million yuan in the first half of this year.

2025-01-19 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com reported a few days ago that its total revenue for the first half of 2023 was 4.503 billion yuan, down 6.64 percent from the same period last year, and its net profit was-231 million yuan, which was 42.04 percent lower than the same period last year.

Among them, the company's revenue in the second quarter was 2.537 billion yuan, an increase of 10.42% over the same period last year, and its net profit was-45 million yuan, which was 92.81% lower than the same period last year.

In the digital security business, the company achieved 908 million yuan in security and other related income in the first half of this year, down 12.50% from the same period last year, of which security and other related income was 654 million yuan in the second quarter, up 98.76% from the same period last year and 157.16% from the previous quarter.

In the first half of this year, the company's revenue from Internet commercialization and value-added services totaled 2.681 billion yuan, down 5.92 percent from the same period last year. Among them, the revenue from Internet advertising and services was 2.168 billion yuan, down 6.13% from the same period last year; the revenue from Internet value-added services represented by games was 513 million yuan, down 5.01% from the same period last year.

In the smart hardware business, the company achieved 865 million yuan in revenue in the first half of this year, down 5.19% from the same period last year.

CTOnews.com learned from the company's financial report that during the reporting period, the company's R & D expenditure was 1.56 billion yuan, accounting for 34.64% of revenue, an increase of 1.21% over the first half of 2022 and nearly 3.59% over the first half of 2021.

360 said that by the end of the reporting period, 360 Intelligence 4.0 had ten core functions, including generation and creation, reading comprehension, multi-round dialogue, logic and reasoning, coding ability, knowledge question and answer, multilingual translation, multimodal, text rewriting, text classification and so on. It can cover all scenarios of large model applications.

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