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 (US$9.3 million)[1] compared to RMB117.4...
GreenTree Hospitality Group Ltd. Announces Cash Dividend
SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group inChina, today announced that its board of directors approved the payment of a cash dividend ofUS$0.10 per...
GreenTree Hospitality Group Ltd. Reports Second Quarter of 2024 Financial Results
* Total revenues decreased by 20.5% year over year to RMB 329.7million ( US$45.4 million)[1]. * Income from operations was RMB84.4 million (US$11.6 million)[1] compared to RMB98.6 million for the second quarter of 2023. * Net income was RMB62.3 million (US$8.6 million)[1] compared to RMB101.9...
GreenTree to Report Second Quarter 2024 Financial Results on August 15, 2024
SHANGHAI, Aug. 12, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, on Thursday August ...
GreenTree Hospitality Group Ltd. Reports First Quarter of 2024 Financial Results
* Total revenues decreased 7.1% year over year to RMB352.2 million (US$48.8 million)[1]. Hotel revenues increased 8.8% year over year to RMB274.8 million. * Income from operations was RMB72.2 million (US$10 million) compared to RMB52.3 million for the first quarter of 2023. * Net income was ...
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2023
SHANGHAI, April 30, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2023 with the U.S. Securities an...
GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2023 Financial Results
* Total revenues increased by 3.2% year over year to RMB372.2 million (US$52.4 million)[1]. * Income from operations was RMB23.1 million (US$3.2 million) compared to RMB -5.1 million for the fourth quarter of 2022 . * Net income was RMB7.4 million (US$1.0 million) compared to RMB-3.8 million ...
GreenTree to Report Fourth Quarter and Fiscal Year 2023 Financial Results After U.S. Markets Close on March 25, 2024
SHANGHAI, March 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2023, ...
GreenTree Hospitality Group Ltd. Reports Third Quarter 2023 Financial Results
* Total revenues increased by 15.3% year over year to RMB460.9 million (US$ 63.2 million)[[1]]. * Income from operations was RMB137.8 million (US$18.9 million), compared to RMB3.7 million for the third quarter of 2022 . * Net income was RMB117.4 million (US$16.1 million), compared to RMB-62.3...
GreenTree to Report Third Quarter 2023 Financial Results After U.S. Markets Close on November 21, 2023
SHANGHAI, Nov. 15, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the third quarter endedSeptember 30, 2023, after U.S. market...
GreenTree Hospitality Group Ltd. Reports First Half 2023 Financial Results
* Total revenues increased by 12.1% year over year to RMB794.2 million (US$10 9.5 million)[1]. * Income from operations was RMB150.9 million (US$20.8 million)[1], compared to RMB-474.3 million for the first half of 2022. * Net income was RMB177.3 million (US$24.5 million)[1], compared to RMB-...
GreenTree to Report First Half 2023 Financial Results After U.S. Markets Close on September 18, 2023
SHANGHAI, Sept. 15, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it will report its unaudited financial results for the six months endedJune 30, 2023, after U.S. markets close...
GreenTree Hospitality Group Ltd. Announces Selected Preliminary Results for the First Quarter of 2023
SHANGHAI, July 12, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group inChina, today announced selected preliminary results for the first quarter of 2023. Financial Results * Total reven...
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2022
SHANGHAI, April 28, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2022 with the U.S. Securities an...
GreenTree Hospitality Group Ltd. Reports Second Half and Fiscal Year 2022
Financial Results * Total revenues decreased by 21.1% year over year to RMB487.8 million (US$ 70.7million) [[1]] for the second half 2022. Organic revenues, excluding revenues of Argyle and Urban, decreased by 15.8% year over year toRMB466.0 million (US$67.6 million) for the second half 2022. ...
GreenTree Announces Date to Report Second Half and Fiscal Year 2022 Financial Results and Additional Business Updates
SHANGHAI, March 31, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group inChina, today announced that it will report its unaudited financial results for the six months endedDecember 31, 2022 as well as certain op...
GreenTree Hospitality Group Ltd. Reports First Half 2022 Financial Results
* Total revenues decreased by 22.3% year over year to RMB457.4 million (US$ 68.3 million) [1]. * Adjusted EBITDA (non-GAAP) [2] decreased by 46.8% year over year to RMB93.3 million (US$13.9 million)[1]. * Core net income (non-GAAP) [3] decreased by 13.7% year over year to RMB105.9 million (U...
GreenTree Announces Date to Report First Half 2022 Financial Results and Additional Business Updates
SHANGHAI, Dec. 20, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the six months endedJune 30, 2022 as well as certain operati...
GreenTree Hospitality Group Ltd. Announces Certain Operating Data for the Six Months Ended June 30, 2022 and Additional Business Updates
SHANGHAI, Oct. 8, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced certain operating data of GreenTree's organically developed leased-and-operated ("L&O") and franchised-and-managed ("...
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2021
SHANGHAI, May 18, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2021 with the U.S. Securities and ...
