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Stock impact report

GreenTree Hospitality Group Ltd. Reports Third 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 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) [ ] decreased 32.1% year over year to RMB122.5million US$17.5 million [1] Core net income (non-GAAP) [ ] 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 the U.S. Federal Reserve Board and available at https://www.federalreserve.gov/re Show less Read more
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