Wanguo Data-SW (09698) released second-quarter results. Net profit of 838 million yuan turned a year-on-year loss into profit

According to the Zhitong Finance App, World Data - SW (09698) released results for the second quarter of the three months ended June 30, 2026. Net revenue increased 6.5% year-on-year to RMB 3,088 billion (same unit price); net profit of 838 million yuan. In the same period last year, it achieved a net loss of 705.84 million yuan; and a basic income of 0.52 yuan per share.

At the end of the second quarter of 2026, the total area signed and pre-signed was 784,802 square meters, up 18.2% year on year and 8.2% month on month respectively from 663,959 square meters at the end of the second quarter of 2025 and 725,485 square meters at the end of the first quarter of 2026. In the second quarter of 2026, the total contract area increased to 64,750 square meters. The net increase in the total contracted area was 59,317 square meters.

Mr. Huang Wei, Chairman and CEO of GDS, said, “We delivered solid financial and operating results in the second quarter of 2026, reflecting our continued commitment to strict execution. During this quarter, we accelerated delivery of our backlog of orders while maintaining a high level of net new orders. As things stand, we are on track to deliver on record sales promises this year, which will be well above our original target. We are very excited about the opportunities the Chinese market presents, mainly driven by the demand for artificial intelligence. We are confident that we will seize these huge opportunities and expand our business on a large scale.”

Chief Financial Officer Dan Newman said, “In the second quarter, our revenue and adjusted EBITDA increased 6.5% and 2.5% year over year, and the adjusted EBITDA ratio was 45.5%. As our financial situation and financing capabilities improve to support our business expansion, we will continue to focus on creating sustainable long-term value for our business partners and shareholders.”