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GDS Holdings Limited reports developments tied to its high-performance data center business in China and its securities listed on Nasdaq and HKEX. News commonly covers unaudited quarterly and annual results, Form 20-F filing announcements, earnings-call schedules, and data center demand from hyperscale cloud providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and enterprise customers.
Company updates also include shareholder meetings, amendments to articles of association, preferred-share and ordinary-share voting matters, capital-structure actions, and its minority equity interest in DayOne Data Centers Limited, a Singapore-headquartered hyperscale data center platform.
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GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top developer of high-performance data centers in China and Southeast Asia, filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC on April 4, 2023. The report is accessible on the company’s investor relations site and the SEC's website. GDS provides free hard copies of the report upon request. The company operates data centers strategically located in economic hubs, catering to hyperscale cloud service providers, large internet firms, and other corporate clients, while offering co-location and managed cloud services.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top data center operator in China, reported its 2022 financial results, highlighting a 19.3% year-over-year increase in net revenue to RMB9,325.6 million (US$1,352.1 million). The fourth quarter saw a 9.9% revenue growth to RMB2,404.0 million (US$348.6 million) with a net loss of RMB177.9 million (US$25.8 million), improved from RMB312.9 million in 4Q2021. Adjusted EBITDA rose by 14.8% for the year, totaling RMB4,251.4 million (US$616.4 million). Total area in service reached 515,787 sqm, while the commitment rate improved to 95.5%. GDS anticipates 2023 revenues between RMB9,940 million and RMB10,320 million.