GreenTree Hospitality Group Ltd. Reports Third Quarter of 2024 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
Total revenues decreased by 22.5% year over year to RMB357.0 million (US$50.9 million)[1].Income from operations was RMB106.4 million (US$15.2 million)[1] compared to RMB137.8 million for the third quarter of 2023. Net income was RMB65.2 million (US$9.3 million)[1] compared to RMB117.4 million for the third quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 32.1% year over year to RMB122.5million (US$17.5 million)[1].Core net income (non-GAAP)[3] decreased 26.6% year over year to RMB93.5million (US$13.3 million)[1].SHANGHAI, Nov. 21, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the third quarter of 2024. [1] The conversion of Renminbi ("RMB") into United States dollars ("US$") is based on the exchange rate of US$1.00=RMB 7.0176 on September 30, 2024 as set forth in H.10 statistical release of t
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News
- GreenTree Hospitality Group Ltd. Reports Third Quarter of 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- GreenTree to Report Third Quarter 2024 Financial Results on November 21, 2024PR Newswire
- GreenTree Hospitality Group Ltd. (GHG) Returns to Profitability in Q2 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- GreenTree Hospitality Group (NYSE:GHG) earnings and shareholder returns have been trending downwards for the last five years, but the stock rallies 28% this past week [Yahoo! Finance]Yahoo! Finance
- GreenTree Hospitality Group (NYSE:GHG) May Have Issues Allocating Its Capital [Yahoo! Finance]Yahoo! Finance
GHG
Earnings
- 3/25/24 - Beat
GHG
Sec Filings
- 10/24/24 - Form 6-K
- GHG's page on the SEC website