GDS Holdings reports Q1 EPS RMB 3.47 vs. (RMB 1.96) last year

Reports Q1 revenue RMB 2.7B vs. RMB 2.4B last year. William Huang, Chairman and CEO of GDS, commented, “In the first quarter of 2025, we achieved solid operational and financial performance, driven by our consistently focused strategic execution. We remain committed to delivering our backlog while maintaining a highly selective approach to new bookings. We won a large new hyperscale order across two sites which evidences increasing demand in Tier 1 markets driven by AI developments.”