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VNET Shares Gain After Swinging to Profit, Posting Higher Revenue in 2Q

By MarketWatch   |   Aug 28, 2024 at 12:36 PM EST
VNET Shares Gain After Swinging to Profit, Posting Higher Revenue in 2Q

VNET Group's stock surged 15% after reporting a profit and higher revenue in Q2. The Chinese internet data center provider posted a profit of 63.7 million yuan, with per-share earnings of CNY0.04.

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