Century Internet's net profit for Q1 FY2024 is -187 million yuan, a decrease of 327.24% year-on-year.

2026-02-05 07:40:58

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On May 29, Century Internet (Stock Code: VNET) announced its financial report, showing that the company’s net profit attributable to ordinary shareholders for the first quarter of fiscal year 2024 was -1.87 billion yuan, a decrease of 327.24% year-on-year; operating revenue was 1.898 billion yuan, an increase of 5.11% year-on-year.

Beijing Century Internet Broadband Data Center Co., Ltd. was registered on October 16, 2009, under the laws of the Cayman Islands. It is a globally influential provider of cyberspace infrastructure services and a leading third-party independent data center operator in China. Century Internet is committed to providing ultra-large clients with industry-leading customized one-stop data center solutions, creating a core competitive advantage, ultra-large-scale operational capabilities, and a high value-added infrastructure operation platform.

(Source: Tonghuashun (300033) iFinD)

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