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Stock impact report

GreenTree Hospitality Group Ltd. Reports First Quarter of 2024 Financial Results [Yahoo! Finance]

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 Check Earnings Report
Company Research Source: Yahoo! Finance
Income from operations was RMB72.2 million US$10 million ) compared to RMB52.3 million for the first quarter of 2023. Net income was RMB57.3 million US$7.9 million ) compared to RMB32.6 million for the first quarter of 2023. Adjusted EBITDA (non-GAAP) [2] in creased year over year to RMB million (US$ million) [1] Core net income (non-GAAP) [3] increased % year over year to RMB million ( US$ 8 million) [1] SHANGHAI June 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China , today announced its unaudited financial results for the first quarter of 2024. [1] The conversion of Renminbi ("RMB") into United States dollars ("US$") is based on the exchange rate of US$1.00=RMB 7.2203 on March 31, 2024 as set forth in H.10 statistical release of the U.S. Federal Reserve Board and available at https://www.federalreserve.gov/releases/h10/20220103/ [2] Adj Show less Read more
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