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US$4.18: That's What Analysts Think GreenTree Hospitality Group Ltd. (NYSE:GHG) Is Worth After Its Latest Results
GreenTree Hospitality | 6-K: Report of foreign private issuer (related to financial reporting)
Greentree Hospitality (GHG.US) achieved a Q1 revenue of 352.2 million yuan, with a YoY growth of 8.8% in hotel business revenue.
According to the report from the financial news app Zhitongcaijing, Greentree Hospitality (GHG.US) announced its financial performance for Q1 2024. The financial report shows that GHG's Q1 revenue was 352.2 million yuan, a 7.1% decrease YoY. Among them, hotel business revenue was 274.8 million yuan, a 8.8% increase YoY. The adjusted EBITDA was 109.4 million yuan and the earnings per ADS was $0.08. As of March 31, 2024, the company operates a total of 4,256 hotels with 313,531 rooms and 206 restaurants.
Express News | Greentree's Maintains Previous 2024 Revenue Guidance For The Hotel Business, That Is Expected To Grow 7% To 12% Year-over-year
Express News | GreenTree Hospitality Gr Q1 2024 EPADS $0.08, Sales $48.80M
Express News | GreenTree Hospitality Group Ltd: Withdrawing Our Guidance for Restaurant Business
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