GDS(GDS) - 2023 Q2 - Quarterly Report

Exhibit 99.1 GDS Reports First Quarter 2023 Results 1 GDS Holdings Limited Reports First Quarter 2023 Results Shanghai, China, May 25, 2023 – GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights · Net revenue increased by 7.4% year-over-year ("Y-o- ...