21Vianet Group, the largest carrier-neutral Internet data centre services provider in China, has announced its unaudited financial results for the first quarter of 2012.

Highlights included Net revenues increased by 64.2% to RMB345.8 million (US$55.0 million) from RMB210.6 million in the comparative period in 2011; Adjusted EBITDA1 increased by 61.5% to RMB69.5 million (US$11.0 million) from RMB43.0 million in the comparative period in 201: Adjusted EBITDA margin2 remained relatively stable at 20.1%, compared with 20.4% in the comparative period in 2011 and Adjusted net profit3 increased by 35.4% to RMB37.9 million (US$6.0 million) from RMB28.0 million in the comparative period in 2011.

Source: Global Newswire