GreenTree Hospitality Group Ltd Reports Third Quarter 2023 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Total revenues increased by 12.1% year over year to RMB794.2 million (US$109.5 million)[1]. Income from operations was RMB150.9 million (US$20.8 million)[1],.
GreenTree Hospitality Group Ltd Reports First Half 2023 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
[1] from RMB266.9 million in the third quarter.
Income from operations increased 17.4% to RMB118.5 million (US$18.2 million) [1] from RMB100.9 million in the third quarter.
Adjusted EBITDA (non-GAAP) [1] from RMB110.8 million in the third quarter.
Core net income (non-GAAP) increased 18.3% to RMB109.3 million (US$16.8 million) [1] from RMB92.4 million in the third quarter.
SHANGHAI, April 14, 2021 /PRNewswire/ GreenTree Hospitality Group Ltd. (NYSE: GHG) ( GreenTree , the Company , we , us and our ), a leading hospitality management group in China, today announced its unaudited financial results for the fourth quarter and fiscal year of 2020.
Fourth Quarter of 2020 Operational Highlights
A total of 4,340 hotels with 315,335 hotel rooms were in operation as of December 31, 2020, compared to 4,195 hotels and 305,125 hotel rooms as of September 30, 2020.