VNET Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 15, 2023 at 04:30 pm EST
VNET Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 1,886.92 million compared to CNY 1,814.21 million a year ago. Net loss was CNY 50.46 million compared to CNY 425.21 million a year ago. Basic loss per share was CNY 0.48 compared to CNY 0.06 a year ago. Diluted loss per share was CNY 0.48 compared to CNY 0.06 a year ago.
For the nine months, sales was CNY 5,514.45 million compared to CNY 5,184.56 million a year ago. Net loss was CNY 201.05 million compared to CNY 711.71 million a year ago. Basic loss per share was CNY 0.80 compared to CNY 0.23 a year ago. Diluted loss per share was CNY 0.84 compared to CNY 0.24 a year ago.