Chindata Group Holdings Ltd. (CD) Reports Q1 EPS of $0.01

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Go back to Chindata Group Holdings Ltd. (CD) Reports Q1 EPS of $0.01

Chindata Group Reports First Quarter 2021 Unaudited Financial Results

May 20, 2021 6:20 AM EDT

Recent Financial and Operating Highlights

Strong financial performance continued. In the first quarter, top and bottom line remained strong, as revenue increased by 63.9% year-over-year to RMB643.4 million (US$98.2 million) and net income turned positive for the first time and reached RMB58.2 million (US$8.9 million). Adjusted net income and adjusted EBITDA reached historical high and increased by 175.8% and 70.4% year-over-year to RMB109.3 million (US$16.7 million) and RMB307.8 million (US$47.0 million) respectively. Our adjusted EBITDA to interest ratio was 5.3 for the... More