GDS Holdings Limited (GDS) Tops Q2 EPS by 28c

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GDS Holdings Limited Reports Second Quarter 2021 Results

August 17, 2021 7:00 AM EDT

SHANGHAI, China, Aug. 17, 2021 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS Holdings, GDS or the Company) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Financial Highlights

Net revenue increased by 38.9% year-over-year (Y-o-Y) to RMB1,863.9 million (US$288.7 million) in the second quarter of 2021 (2Q2020: RMB1,342.2 million).Service revenue increased by 39.6% Y-o-Y to RMB1,863.0 million (US$288.5 million) in the... More