GreenTree Hospitality Group Ltd. Reports Third Quarter of 2024 Financial Results

GreenTree Hospitality Group Ltd. Reports Third Quarter of 2024 Financial Results

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...

GreenTree Hospitality Group Ltd. Reports Third Quarter 2023 Financial Results

GreenTree Hospitality Group Ltd. Reports Third Quarter 2023 Financial Results

Total revenues increased by 15.3 % year over year to RMB 460.9 million (US$ 63.2 million) [[1]] . Income from operations was RMB1 37.8 million (US$1 8.9 million) , compared to RMB 3.7 million for the third quarter of 2022 . Net income was RMB117.4...

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