Welcome to our dedicated page for Chindata Group Holdings news (Ticker: CD), a resource for investors and traders seeking the latest updates and insights on Chindata Group Holdings stock.
Chindata Group Holdings Limited (Nasdaq: CD) serves as Asia-Pacific's premier hyperscale data center operator, delivering cutting-edge solutions across China, India, and Southeast Asia. This dedicated news hub provides investors and industry professionals with essential updates on strategic developments, operational milestones, and financial performance.
Access curated press releases covering critical updates including merger progress with BCPE Chivalry Bidco, energy-efficient innovations like the X-Cooling Maglev system, and quarterly financial results. Discover analysis of Chindata's expansion strategies through its sub-brands Chindata and Bridge Data Centres, recognized for hyper-density clusters and rapid deployment capabilities.
Key content areas include operational updates from major economic zones, technological breakthroughs in power efficiency, and leadership changes. All materials maintain factual reporting on completed transactions and verified performance metrics, including the company's industry-leading 1.21 PUE rating.
Bookmark this page for real-time updates on CD's transition to private ownership and its continued leadership in sustainable data infrastructure. Monitor how Chindata's 35 operational centers with 945MW capacity shape Asia's digital economy landscape.
Chindata Group (Nasdaq: CD) announced its Q4 and full fiscal year financial results for 2022, highlighting a remarkable 60% annual revenue growth to 4.55 billion yuan and a net profit increase of 106% to 652 million yuan. The company's adjusted EBITDA grew by 67% to 2.37 billion yuan. Q4 revenue reached 1.39 billion yuan, marking a 78% year-on-year increase. Chindata set optimistic guidance for 2023, predicting revenue between 5.88 billion and 6.08 billion yuan, implying 31.4% growth at midpoint. The firm has expanded its data center capacity to 871MW, a 29.4% increase compared to the previous year.
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