GreenTree Hospitality shows prelim Q2 numbers [Seeking Alpha]
GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share (GHG)
Last greentree hospitality group ltd. american depositary shares, each representing one class a ordinary share earnings: 4/14 07:51 am
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Source: Seeking Alpha
GreenTree Hospitality shows prelim Q2 numbersJul. 12, 2023 9:52 AM ETGreenTree Hospitality Group Ltd. (GHG)By:Manshi MamtoraCFAGreenTree Hospitality Group (NYSE:reports preliminary Q1Total revenues from organic hotels increased by 16.8% Y/Y to ~RMB252.6M ($36.8M) for Q1 2023.Income from operations for the first quarter of2023 are estimated to be ~RMB55.4M to RMB60.4M ($8.1M - $8.8M)Income from operations of organic hotels increased by 397.4% Y/Y to ~RMB57.2M ($8.3M) for Q1 2023.A total of 4,084 hotels (all organic hotels) with 302,425 hotel rooms were in operation as of March 31, 2023, compared to 3,907 organic hotels and 294,525 hotel rooms as of March 31, 2022.The occupancy rate, or OCC, for all organic hotels in operation was 71.7% in Q1, compared to 62.1% prior.
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- GreenTree Hospitality Group Ltd. Reports First Half 2025 Financial Results [Yahoo! Finance]Yahoo! Finance
- GreenTree Hospitality Group Ltd. Reports First Half 2025 Financial ResultsPR Newswire
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