Kingdee International’s net profit fell by 9 last year without increasing revenue.6%

Kingdee International’s net profit fell by 9 last year without increasing revenue.6%
On March 18, Kingdee International announced its 2019 annual results.The financial report shows that Kingdee International’s revenue in 2019 is 33.26 trillion yuan, an annual increase of 18.4%; net profit attributable to shareholders is 3.7.3 billion, down 9 every year.6%.Kingdee International’s revenue is mainly composed of management software and cloud services, of which management software’s revenue was 20 last year.1.2 billion, an annual growth of only 2.7%, accounting for 60% of the company’s total revenue.5%; cloud service revenue is 13.1.4 billion, an annual increase of 54.7%, accounting for 39% of total revenue.5%.Xu Shaochun, chairman and chief executive of the Democratic Kingdee Group Board of Directors, has been the chief, and the company ‘s cloud service revenue will account for 60% this year.The financial report shows that Kingdee’s cloud services are divided into four parts: enterprise, finance, industry and other cloud services, of which enterprise cloud services continue to grow53.3%, the sky cloud revenue for the large enterprise market is nearly 60 million, and the star cloud achieves revenue8.68ppm, an annual increase of 43.5%; financial cloud service revenue is about 1.7 ten percent, an annual increase of 98.2%; the industry cloud service and other cloud service revenue are 1 respectively.4.3 billion and 73.45 million, an annual increase of 33.5% and 43%.Kingdee International pointed out in its financial report that the 2002 SARS crisis has accelerated consumer cloud access. This year’s new coronary pneumonia epidemic will restore corporate cloud access. However, the company will launch a comprehensive cloud transformation strategy in 2020. Due to changes in business models, this year’s operating profitIt brings some pressure, but in the long run, the cloud business will enhance the company’s profitability and further consolidate the company’s leading position in enterprise-level SaaS services.There is no doubt that Kingdee International has not issued an announcement, saying that the non-executive director Shen Yuanqing resigned for personal reasons. Jingdong Group Vice President, Jingdong Technical Committee Chairman, Jingdong Yun and AI Business Unit President Zhou Bowen took over the position for a two-year term.Air Force Shen Yuanqing is the vice president of JD.com and the president of JD’s cloud division, but he officially resigned at the end of last year.Sauna, Night Net Editor Lu Jinfu Wang Jinyu proofreading Xue Jingning