Reports Q4 net revenue RMB 2.69B vs. RMB 2.47B last year. “In 2024, we executed our business strategy in a disciplined way,” stated Mr. William Huang, Chairman and CEO of GDS. “We focused on backlog delivery while being selective on new commitments. At the same time, we made significant progress with our asset monetisation program with first ever data center ABS issue in China. Looking forward, we are well positioned strategically and financially to capture new business opportunities arising from AI.”
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Read More on GDS:
- GDS Holdings upgraded to Buy from Hold at Jefferies
- GDS Holdings (GDS) Q4 Earnings Cheat Sheet
- GDS Holdings Ltd.: Buy Rating Affirmed on Strong Market Position and Growth Prospects
- GDS Holdings Pioneers Data Center Asset Monetization in China
- GDS Holdings agrees to monetize 70% equity interest in certain data centers
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