Sunevision Holdings Ltd. ( (HK:1686) ) has provided an announcement.
Sunevision Holdings Ltd. reported a 14% increase in revenue for the six months ending December 2024, driven by new data centers and steady growth from existing sites. The commissioning of MEGA IDC Phase One contributed significantly, enhancing EBITDA by 17% and profit by 11%. Despite higher interest costs, the company maintained strong cash inflows and capitalized on the growing demand for AI-driven applications and resilient data center services, positioning itself as a preferred choice for cloud and AI customers in Hong Kong.
More about Sunevision Holdings Ltd.
Sunevision Holdings Ltd. operates in the data center industry, providing premium data center infrastructure and IT facilities. The company focuses on offering ultra-low latency, high-bandwidth connectivity, and mission-critical infrastructure, catering to cloud, AI customers, and financial institutions in Hong Kong.
YTD Price Performance: 111.07%
Average Trading Volume: 2,514
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.56B
See more data about 1686 stock on TipRanks’ Stock Analysis page.