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GDS-SW (09698.HK) Interim Profit Up 4x to RMB3.48B; Raises Full-year Revenue Guidance
2026-08-13 22:29:19
GDS-SW (09698.HK) announced its interim results for the six months ended June. Total net revenue reached RMB6.455 billion, up 14.8% YoY. Net profit attributable to shareholders was RMB3.484 billion, surging 404.4% YoY. EPS was RMB2.16.

For 2Q alone, net revenue amounted to RMB3.088 billion, up 6.5%, mainly driven by continued growth in data centers. Gross profit was RMB664 million, down 3.6%. The company recorded net profit of RMB835 million, compared with a loss of RMB72.3 million in the same period last year.

The company revised its full-year 2026 total revenue guidance from RMB12.4 billion-RMB12.9 billion to RMB12.7 billion-RMB13 billion, representing growth of 11.1%-13.7%. Adjusted EBITDA guidance was revised from RMB5.75 billion-RMB6 billion to RMB5.9 billion-RMB6.1 billion, representing growth of 9.2%-12.9%. (de/d)~

AASTOCKS Financial News
Website: www.aastocks.com

This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.