Chindata Group released its financial & operation report for the first quarter of 2022: total capacity exceeded 700MW, revenue increased by 43.1%, exceeding market expectations for 7 straight quarters
BEIJING, June 1, 2022 /PRNewswire/ -- Chindata Group (NASDAQ:CD), a leading carrier-neutral hyperscale data center solutions provider in Asia Pacific and its emerging markets, announced its unaudited financial & operation report for the first quarter as of March 31st, 2022. In the first quarter of 2022, Chindata Group recorded a revenue of RMB920 million, representing a year-on-year increase of 43.1%; Adjusted EBITDA was RMB490 million, representing a year-on-year increase of 60.7%; Net income reached RMB 90 million.
Strong momentum for business growth, total capacity of data center increased to 704MW.
Under sustained and favorable development trend of digital economy, Chindata Group maintai
