GreenTree(GHG) - 2023 Q3 - Quarterly Report
GHGGreenTree(GHG)2023-09-20 00:00
纪要

Exhibit 99.1 GreenTree Hospitality Group Ltd. Reports First Half 2023 Financial Results · Total revenues increased by 12.1% year over year to RMB794.2 million (US109.5million).⋅IncomefromoperationswasRMB150.9million(US109.5 million). · Income from operations was RMB150.9 million (US20.8 million), compared to RMB-474.3 million for the first half of 2022. · Net income was RMB177.3 million (US24.5million),comparedtoRMB−384.5millionforthefirsthalfof2022.⋅AdjustedEBITDA(non−GAAP)increasedby137.824.5 million), compared to RMB-384.5 million for the first half of 2022. · Adjusted EBITDA (non-GAAP) increased by 137.8% year over year to RMB226.9 million (US31.3 millio ...