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GDS Holdings sees 2024 revenue RMB 11.34B – RMB 11.76B
The Fly

GDS Holdings sees 2024 revenue RMB 11.34B – RMB 11.76B

For the full year of 2024, the Company expects its total revenues to be between RMB11,340 million to RMB11,760 million, implying a year-on-year increase of between approximately 13.9% to 18.1%; and its Adjusted EBITDA to be between RMB4,950 million to RMB5,150 million, implying a year-on-year increase of between approximately 7.0% to 11.4%. In addition, the Company expects capex to be around RMB6,500 million for the full year of 2024.

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