GreenTree Hospitality Group Ltd - ADR
NYSE:GHG 4:00:00 PM EDT
Other Pre-Announcement
Greentree Hospitality Group Reports Q3 Earnings Per ADS RMB 0.81
Published: 12/02/2020 23:03 GMT
GreenTree Hospitality Group Ltd - ADR (GHG) - Reports Third Quarter 2020 Financial Results.
Q3 Revenue Fell 8.6 Percent to Rmb 266.9 Million.
Earnings per Ads for Q3 of 2020 Was Rmb0.81 (us$0.12).
Qtrly Core Net Income per Ads (non-GAAP) Was Rmb0.90 (us$0.13).
Expects a Decline in Total Revenues of 12%-15% for Full Year 2020, Compared to 2019.
During Quarter, Co Opened 162 Hotels, a Decrease of 19 Comparing to 181 Hotels in Q3 of 2019.
Q3 Revenue Fell 8.6 Percent to Rmb 266.9 Million.
Earnings per Ads for Q3 of 2020 Was Rmb0.81 (us$0.12).
Qtrly Core Net Income per Ads (non-GAAP) Was Rmb0.90 (us$0.13).
Expects a Decline in Total Revenues of 12%-15% for Full Year 2020, Compared to 2019.
During Quarter, Co Opened 162 Hotels, a Decrease of 19 Comparing to 181 Hotels in Q3 of 2019.