Jinwu Financial News | Huazhu Group (01179) suffered a setback in early trading. As of press release, it fell 3.55% to HK$21.75, with a turnover of HK$15.85 million.
According to the news, the company announced that for the six months ended June 30, 2024, it recorded net profit of 1.726 billion yuan (RMB, same below), a year-on-year decrease of 13.92%. Basic earnings per share were $0.55. During the period, total revenue reached 11.426 billion yuan, an increase of 14.15% year-on-year.