GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2019 Financial Results
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: PR Newswire
A total of 3,957 hotels with 290,026 hotel rooms were in operation as of December 31, 2019, compared to 3,102 hotels and 245,705 hotel rooms as of September 30, 2019, and compared to 2,757 hotels and 221,529 hotel rooms as of December 31, 2018. Total revenues increased 20.4% to RMB289.4 million (US$41.6 million) [1] for the fourth quarter of 2019. Total revenues increased 20.6% to RMB1,091.8 million (US$156.8 million)[2] for the full year 2019. Adjusted EBITDA (non-GAAP) increased 11.4% to RMB162.3million (US$23.3 million) [1] for the fourth quarter of 2019. Adjusted EBITDA (non-GAAP) increased 12.1% to RMB594.1 million (US$85.3 million)[1] for the full year 2019. Net income increased 48.9% to RMB74.5 million (US$10.7 million)[1] for the fourth quarter of 2019. Net income increased 17.9% to RMB437.8 million (US$62.9 million)[1] for the full year 2019. Core net income (non-GAAP) increased 15.8% to RMB129.9 million (US$18.7 million)[1] for the fourth quarter of 2019. Core net income (no
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GHG
Earnings
- 3/25/24 - Beat
GHG
Sec Filings
- 11/25/24 - Form 6-K
- 10/24/24 - Form 6-K
- GHG's page on the SEC website