Jinshan cloud’s Q2 revenue was 1.535 billion yuan, up 64.1% year on year

Release the second quarter financial report of 2020. According to the financial report, the revenue of Jinshan cloud in the second quarter was 1.535 billion yuan, up 64.1% year on year. Jinshan cloud had expected the second quarter revenue range of 1.5-1.54 billion yuan. According to the financial report, the revenue from public cloud services was 1.287 billion yuan, up 48.6% year on year. Despite the impact of the epidemic, the enterprise cloud services achieved 259.3% and 35.5% year-on-month growth. In the second quarter, the adjusted gross profit margin of Jinshan cloud was 5.5%, which was positive for four consecutive quarters since the third quarter of 2019. < p > < p > for the financial performance in the second quarter, he Haijian, chief financial officer of Jinshan cloud, said, “the revenue of Jinshan cloud has remained higher than the growth of China’s public cloud industry, and with the scale effect, the profit has also continued to improve. Even if the market is facing challenges, the company still provides quality services to its customers. ” According to the report “China’s video cloud market tracking (the second half of 2019)” released by IDC, the scale of China’s video cloud market will reach 4.62 billion US dollars in 2019, with a year-on-year growth of 46.3%. According to IDC forecast, by 2024, the scale of China’s video cloud market will exceed 22 billion US dollars. < p > < p > looking into the future, Wang Yulin, CEO of Jinshan cloud, said, “we will further focus on the Internet industry such as video and game, and traditional industries such as public service, finance and medical treatment. With the sustainable growth and field expansion of the company’s customer base business, we will seize the growth opportunities of the cloud service market.”. (Dapeng)