A Royal Australian Air Force AP-3C Orion aircraft taxis on the tarmac after returning from a sortie over the southern Indian Ocean in search for Malaysian Airlines Flight MH370, at RAAF Pearce Air Bas
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L BRANDS APPOINTS CHIEF FINANCIAL OFFICERS FOR BATH & BODY WORKS AND VICTORIA S SECRET STANDALONE BUSINESSES Columbus, Ohio (May 19, 2021) - L Brands, Inc. (NYSE: LB) today announced the appointment of Chief Financial Officers for the standalone Bath & Body Works and Victoria s Secret businesses. Upon the completion of the spin-off of Victoria s Secret, which is targeted to occur in August 2021, Wendy Arlin, currently SVP of Finance and Controller for L Brands, will become Bath & Body Works CFO, and Tim Johnson, previously CFO and Chief Administrative Officer for Big Lots, will become Victoria s Secret CFO. As previously announced, current L Brands CFO Stuart Burgdoerfer will retire at that time.
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SHANGHAI, China, May 19, 2021 (GLOBE NEWSWIRE) 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, today announced its unaudited financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Financial Highlights
Net revenue increased by 37.5% year-over-year (“Y-o-Y”) to RMB1,706.0 million (US$260.4 million) in the first quarter of 2021 (1Q2020: RMB1,240.4 million).
Service revenue increased by 38.3% Y-o-Y to RMB1,704.5 million (US$260.2 million) in the first quarter of 2021 (1Q2020: RMB1,232.6 million).
Net loss was RMB278.7 million (US$42.5 million) in the first quarter of 2021, compared with a net loss of RMB92.0 million in the first quarter of 2020.