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0 0 0.0239234449760765 0.0239234449760765 0.0287081339712917 0.00478468899521521 0.0143540669856458 -0.00478468899521542
Stock impact report

VNET Reports Unaudited Second Quarter 2024 Financial Results

VNET Group, Inc. - American Depositary Shares (VNET) 
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.21vianet.com
Company Research Source: PR Newswire
BEIJING, Aug. 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024."We delivered another solid quarter through continued strong execution of our effective dual-core development strategy," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "The wholesale IDC business remained our key growth driver, highlighted by three new orders totaling 235MW for our Ulanqab IDC Campus in the Greater Beijing Area. Climbing utilization rates and a high pre-commitment rate for capacity under construction demonstrate our reliable, high-quality IDC services' enduring customer appeal in the competitive market. Furthermore, we advanced our AI data center development with steady progress on our green, high-tech Ulanqab IDC Campus, enabling us to seamlessly Show less Read more
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