VNET Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 1,821.74 million compared to CNY 1,724.86 million a year ago. Net loss was CNY 232.88 million compared to CNY 377.2 million a year ago. Basic loss per share from continuing operations was CNY 1.56 compared to CNY 2.58 a year ago. Diluted loss per share from continuing operations was CNY 1.56 compared to CNY 2.58 a year ago.
For the six months, sales was CNY 3,627.53 million compared to CNY 3,370.35 million a year ago. Net loss was CNY 150.59 million compared to CNY 286.5 million a year ago. Basic loss per share from continuing operations was CNY 1.02 compared to CNY 1.92 a year ago. Diluted loss per share from continuing operations was CNY 1.14 compared to CNY 2.22 a year ago.