Brief: GDS Holdings Reports Qtrly Net Loss RMB474.6 Mln Vs RMB373.3 Mln

GDS Holdings

25/05/2023 11:57

May 25 (Reuters) - GDS Holdings Ltd  9698.HK :
    * GDS HOLDINGS LTD - QTRLY  NET LOSS WAS RMB474.6 MILLION
VERSUS
NET LOSS OF RMB373.3 MILLION
    * GDS HOLDINGS LTD - CONFIRMS PREVIOUSLY PROVIDED GUIDANCE
OF
TOTAL REVENUES FOR YEAR OF 2023 OF RMB9,940 - RMB10,320 MILLION
    * GDS HOLDINGS LTD - CONFIRMS PREVIOUSLY PROVIDED GUIDANCE
OF
ADJUSTED EBITDA OF RMB4,430 - RMB4,600 MILLION FOR YEAR OF 2023
    * GDS HOLDINGS LTD - CONFIRMS PREVIOUSLY PROVIDED GUIDANCE
OF
CAPEX OF AROUND RMB7,500 MILLION FOR YEAR OF 2023
    * GDS HOLDINGS LTD - QTRLY NET REVENUE INCREASED BY 7.4%
YEAR-OVER-YEAR TO RMB2,409.0 MLN
    * GDS HOLDINGS - DURING Q1, SIGNED LIMITED PARTNERSHIP
AGREEMENT
FOR CHINA DATA CENTER FUND 1 WITH 30% OF CAPITAL COMMITMENT
COMING FROM GDS
    * GDS HOLDINGS LTD - 70% OF CAPITAL COMMITMENT FOR CHINA
DATA
CENTER FUND COMES FROM SOVEREIGN WEALTH FUND 

Further company coverage:  9698.HK 

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