GDS Holdings Limited (GDS) Tops Q2 EPS by RMB 0.15

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GDS Holdings Limited Reports Second Quarter 2022 Results

August 23, 2022 7:27 AM EDT

SHANGHAI, China, Aug. 23, 2022 (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, 2022.

Second Quarter 2022 Financial Highlights

Net revenue increased by 24.0% year-over-year (Y-o-Y) to RMB2,310.4 million (US$344.9 million) in the second quarter of 2022 (2Q2021: RMB1,863.9 million).Service revenue increased by 23.6% Y-o-Y to RMB2,302.7 million (US$343.8 million) in the second... More