An AGM statement from ‘Internet of Things’ data group Vianet (VNET) includes that its “performance in the first three months of the financial year has been very encouraging, with profits higher than anticipated”. What does that mean financially?...
A full-year trading update from Vianet Group (VNET) includes that it is “very pleased to report that, notwithstanding this challenging business backdrop, trading for the period showed a slight improvement on our H1 financial performance” and “remains confident that Vianet will emerge from this global crisis in a strong financial position, enabling the group to take advantage of the exciting growth opportunities that lie ahead”. Why then are the shares down from recently above 100p to currently 98p?...
Provider of data from connected business devices, Vianet (VNET) “is pleased to announce its interim results for the six months ended 30 September 2020”. The shares have currently responded to around 80p, er more than 5% lower...
Previously writing on Vianet Group (VNET), in August with the shares at 96.5p I concluded the results for the company’s year ended 31st March 2020 included “basic earnings per share at 8.56 pence (2019: 8.87 pence)”, with net debt of £0.95 million (3.29p per share). With that and the above with a lack of financials, I currently avoid. Today a further trading update – and the shares up on the back of it, though only to 68.5p...
“Vianet Group plc (AIM: VNET), the international provider of actionable data and business insight through devices connected to its Internet of Things platform, today provides an update on trading and the group's current status regarding COVID-19” – and the shares have currently responded up to 96.5p...
