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VNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

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Mittwoch, März 27, 2024

Research, NET, PIN, Employment, The Company, CASH, Growth, H.10, RMB, LOSS, Acquisition, IDC, AI, ADS, Translation, Bank statement, Investment, Note, GAAP, Depreciation, VNET, Debt-to-GDP ratio, USD, Marketing, Video game

BEIJING, March 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 fourth quarter and full year ended December 31, 2023.

Key Points:

BEIJING, March 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 fourth quarter and full year ended December 31, 2023.
Qiyu Wang, Chief Financial Officer of VNET, commented, "We delivered robust 2023 results through our strategic focus on high-quality revenues.
Retail IDC MRR[2] per cabinet was RMB9,477 in the fourth quarter of 2023, compared with RMB9,495 in the third quarter of 2023 and RMB9,371 in the fourth quarter of 2022.
GROSS PROFIT: Gross profit in the fourth quarter of 2023 was RMB290.9 million (US$41.0 million), compared with RMB328.4 million in the same period of 2022.

VNET Reports Unaudited Third Quarter 2023 Financial Results

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Mittwoch, November 15, 2023

BEIJING, Nov. 15, 2023 /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 third quarter ended September 30, 2023.

Key Points:

BEIJING, Nov. 15, 2023 /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 third quarter ended September 30, 2023.
Qiyu Wang, Chief Financial Officer of VNET, commented, "In the third quarter of 2023, we continued to concentrate on high-quality revenues.
Cabinets utilized by customers increased by 1,092 in the third quarter of 2023 to reach 52,408 as of September 30, 2023, compared with 51,316 as of June 30, 2023 and 45,527 as of September 30, 2022.
Retail IDC MRR[2] per cabinet was RMB9,495 in the third quarter of 2023, compared with RMB9,530 in the second quarter of 2023 and RMB9,287 in the third quarter of 2022.

InventHelp Inventor Develops Formula to Restore & Strengthen Hair (OCM-1581)

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Dienstag, September 5, 2023

LOSS, Hair, HAIR, Multimedia, ANTI, Hair loss, Sale, Cosmetics

View original content to download multimedia:https://www.prnewswire.com/news-releases/inventhelp-inventor-develops-fo...

Key Points:

PITTSBURGH, Sept. 5, 2023 /PRNewswire/ -- "I wanted to create a hair care product to stimulate and strengthen hair," said an inventor, from Santa Ana, Calif., "so I invented the ANTI PSORIASIS / HAIR LOSS LOTIONS.
The patent-pending invention provides a new formula to help restore and strengthen hair.
As a result, it could encourage stronger, healthier hair and it could increase confidence and self-esteem for individuals experiencing hair loss.
The invention features a novel formula that is easy to apply so it is ideal for individuals with various hair conditions and those experiencing hair loss.

VNET Reports Unaudited Second Quarter 2023 Financial Results

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Mittwoch, August 23, 2023

BEIJING, Aug. 23, 2023 /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, 2023.

Key Points:

BEIJING, Aug. 23, 2023 /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, 2023.
Qiyu Wang, Chief Financial Officer of VNET, added, "In the second quarter of 2023, we remained focused on advancing high-quality revenue business to drive margin and profitability improvements.
Cabinets utilized by customers increased by 2,000 in the second quarter of 2023 to reach 51,316 as of June 30, 2023, compared to 49,316 as of March 31, 2023 and 44,500 as of June 30, 2022.
Retail IDC MRR[2] per cabinet increased to RMB9,530 in the second quarter of 2023, compared to RMB9,486 in the first quarter of 2023 and RMB9,186 in the second quarter of 2022.

VNET Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

Retrieved on:

Dienstag, März 21, 2023

BEIJING, March 21, 2023 /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 fourth quarter and full year ended December 31, 2022.

Key Points:

BEIJING, March 21, 2023 /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 fourth quarter and full year ended December 31, 2022.
"We concluded a challenging 2022 with solid fourth quarter results, achieving meaningful development on a broad scale," said Jeff Dong, Chief Executive Officer of VNET.
Tim Chen, Chief Financial Officer of VNET, commented, "We delivered a resilient performance in the fourth quarter of 2022, with year-over-year revenue growth of 7.7% and adjusted EBITDA margin of 22.6%.
Retail IDC MRR[2] per cabinet increased to RMB9,371 in the fourth quarter of 2022, compared to RMB9,287 in the third quarter of 2022 and RMB9,301 in the fourth quarter of 2021.