GHG - Earnings announcements

Total revenues decreased by 18.2% year over year to RMB304.5 million (US$41.7 million)[1].Net income was RMB-72.8million (US$-10.0 million)[1] compared to RMB8.6 million for the fourth quarter of 2023. Adjusted net income[2] was RMB77.3 million (US$10.6 million)[1] compared to RMB60.9 million for the fourth quarter of 2023.Cash from operations increased year over year to RMB74.2 million (US$10.2 million)[1].SHANGHAI, April 24, 2025 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the fourth quarter and fiscal year o

SHANGHAI, April 22, 2025 /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 fourth quarter and fiscal year ended December 31, 2024, on Thursday April 24, 2025. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on April 24, 2025 (8:00 PM Beijing/Hong Kong Time on April 24, 2025). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants sho

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 million for the third quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 32.1% year over year to RMB122.5million (US$17.5 million)[1].Core net income (non-GAAP)[3] decreased 26.6% year over year to RMB93.5million (US$13.3 million)[1].SHANGHAI, Nov. 21, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant m

SHANGHAI, Nov. 18, 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 third quarter ended September 30, 2024, on Thursday November 21, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on November 21, 2024 (9:00 PM Beijing/Hong Kong Time on November 21, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask

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 million for the second quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 34.5% year over year to RMB83.1 million (US$11.4 million)[1].Core net income (non-GAAP)[3] increased 2.4% year over year to RMB70.2million (US$9.7 million)[1]SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant mana

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 15, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on August 15, 2024 (8:00 PM Beijing/Hong Kong Time on August 15, 2024). Dial-in numbers for the live conference call are as follows: International    1-412-902-4272   Mainland China            4001-201-203 US   1-888-346-8982 Hong Kong   800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants

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 RMB57.3 million (US$7.9 million) compared to RMB32.6 million for the first quarter of 2023.Adjusted EBITDA (non-GAAP)[2] increased 17.2% year over year to RMB109.4 million (US$15.2 million)[1].Core net income (non-GAAP)[3] increased 21.5% year over year to RMB60.7million (US$ 8.4million)[1]SHANGHAI, June 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us"

SHANGHAI, June 22, 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 first quarter ended March 31, 2024, on Tuesday June 25, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on June 25, 2024 (8:00 PM Beijing/Hong Kong Time on June 25, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask to join the Gree

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 for the fourth quarter of 2022.Adjusted EBITDA (non-GAAP)[2] increased by 2.1% year over year to RMB116.3 million (US$16.4 million)[1].SHANGHAI, March 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the fourth quarter and fisc

SHANGHAI, March 18, 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 fourth quarter and fiscal year ended December 31, 2023, after U.S. markets close on Monday March 25, 2024. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on March 25, 2024 (9:00 AM Beijing/Hong Kong Time on March 26, 2024). Dial-in numbers for the live conference call are as follows: International                                        1-412-902-4272Mainland China                                   4001-201-203U

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 million for the third quarter of 2022.Adjusted EBITDA (non-GAAP)[[2]] increased by 215.0% year over year to RMB173.4 million (US$23.8 million)[1].Core net income (non-GAAP)[[3]] increased by 2625.6% year over year to RMB127.2 million (US$17.4 million)[1]. SHANGHAI, Nov. 21, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality

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 ended September 30, 2023, after U.S. markets close on Tuesday, November 21, 2023. GreenTree's management will hold an earnings conference call at 8:00 PM U.S. Eastern Time on November 21, 2023 (9:00 AM Beijing/Hong Kong Time on November 22, 2023). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-615

Total revenues increased by 12.1% year over year to RMB794.2 million (US$109.5 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-384.5 million for the first half of 2022.Adjusted EBITDA (non-GAAP)[2] increased by 137.8% year over year to RMB226.9 million (US$31.3 million)[1].Core net income (non-GAAP)[3] increased by 65.2% year over year to RMB136.1 million (US$18.8 million)[1].SHANGHAI, Sept. 18, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and

SHANGHAI, Sept. 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 six months ended June 30, 2023, after U.S. markets close on Monday, September 18, 2023. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on September 18, 2023 (9:00 AM Beijing/Hong Kong Time on September 19, 2023). Dial-in numbers for the live conference call are as follows: International                                        1-412-902-4272Mainland China                                   4001-201-203US         

SHANGHAI, July 12, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced selected preliminary results for the first quarter of 2023. Financial Results  Total revenues for the first quarter of 2023 are estimated to be approximately RMB371.1 million (US$54.0 million)[1] to RMB389.1 million (US$56.7 million)[1].Total revenues from organic hotels increased by 16.8% year over year to approximately RMB252.6 million (US$36.8 million)[1] for the first quarter of 2023.Income from operations for the first quarter of 2023 are estimated to be approximately RMB55.4 million (US$8

Financial Results  Total revenues decreased by 21.1% year over year to RMB487.8 million (US$70.7 million) [[1]] for the second half 2022.Organic revenues, excluding revenues of Argyle and Urban, decreased by 15.8% year over year to RMB466.0 million (US$67.6 million) for the second half 2022. Income from operations increased by 516.4% year over year to RMB20.0 million (US$2.9 million) [1] for the second half 2022.Adjusted EBITDA (non-GAAP) [2] decreased by 21.2% year over year to RMB118.3 million (US$17.2 million) for the second half 2022.SHANGHAI, April 6, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitalit

SHANGHAI, March 31, 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 six months ended December 31, 2022 as well as certain operating data for the same period and additional business updates as of March 31, 2023, after U.S. markets close on Thursday, April 6, 2023. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on April 6, 2023 (9:00 AM Beijing/Hong Kong Time on April 7, 2023). Dial-in numbers for the live conference call are as follows: International                             

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 (US$15.8 million) [1].SHANGHAI, Dec. 27, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced its unaudited financial results for the first half of 2022. First Half 2022 Operational Highlights  A total of 4,669 hotels with 332,073 hotel rooms were in operation as of June 30, 2022, compared

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 ended June 30, 2022 as well as certain operating data for the quarter ended September 30, 2022, after U.S. markets close on Tuesday, December 27, 2022. GreenTree's management will hold an earnings conference call at 8:00 PM U.S. Eastern Time on December 27, 2022 (9:00 AM Beijing/Hong Kong Time on December 28, 2022). Dial-in numbers for the live conference call are as follows: International                                      1-412-902-4272 Mai

Total revenues increased by 6.1% year over year to RMB307.4 million (US48.2 million)[1] for the fourth quarter 2021. Income from operations decreased by 69.5% year over year to RMB36.1 million (US$5.7 million) [1] for the fourth quarter 2021. Adjusted EBITDA (non-GAAP) [2] decreased by 47.4% year over year to RMB68.8 million (US10.8 million) for the fourth quarter 2021. Core net income (non-GAAP) [3] decreased by 67.2% year over year to RMB35.8 million (US$5.6 million) [1] for the fourth quarter 2021.  GreenTree's board of directors has approved a share repurchase program of up to US$20 million over the next 12 months. SHANGHAI, May 11, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd.

SHANGHAI, April 29, 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 quarter ended December 31, 2021, after U.S. markets close on Wednesday, May 11, 2022. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on May 11, 2022 (9:00 AM Beijing/Hong Kong Time on May 12, 2022). Dial-in numbers for the live conference call are as follows: International                                        1-412-902-4272Mainland China                                   4001-201-203US                         

Total revenues increased 16.3% year-over-year to RMB310.4 million (US$48.2 million)[1]. Income from operations decreased 45.6% year-over-year to RMB54.9 million (US$8.5 million) [1]. Adjusted EBITDA (non-GAAP) [2] decreased 33.5% year-over-year to RMB73.7 million (US$11.4 million) [1]. Core net income (non-GAAP) [3] decreased 45.7% year-over-year to RMB50.2 million (US$7.8 million) [1]. SHANGHAI, Jan. 12, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced its unaudited financial results for the third quarter of 2021. Third Quarter of 2021 Operational Highlights

SHANGHAI, Dec. 30, 2021 /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 quarter ended September 30, 2021, after U.S. markets close on Wednesday, January 12, 2022. GreenTree's management will hold an earnings conference call at 8:00 PM U.S. Eastern Time on January 12, 2022 (9:00 AM Beijing/Hong Kong Time on January 13, 2022).  Dial-in numbers for the live conference call are as follows: International                                        1-412-902-4272China                                                   4001-201-203US     

Total revenues increased 60.7% year-over-year to RMB347.1million (US$53.8 million) [[1]]. Income from operations increased 42.5% year-over-year to RMB89.3 million (US$13.8 million) [1]. Adjusted EBITDA (non-GAAP) [2] increased 44.0% year-over-year to RMB111.2 million (US$17.2 million) [1]. Core net income (non-GAAP) [3] increased 5.7% year-over-year to RMB78.9 million (US$12.2 million) [1]. SHANGHAI, Nov. 15, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced its unaudited financial results for the second quarter of 2021. Second Quarter of 2021 Operational Highl

SHANGHAI, Nov. 5, 2021 /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 quarter ended June 30, 2021, after U.S. markets close on Monday, November 15, 2021. GreenTree's management will hold an earnings conference call at 8:00 PM U.S. Eastern Time on November 15, 2021 (9:00 AM Beijing/Hong Kong Time on November 16, 2021).  Dial-in numbers for the live conference call are as follows: International                                        1-412-902-4272 China                                                   4001-201-203 US       

Total revenues increased 53.3% year-over-year to RMB241.2 million (US$36.8 million) [1] . Income from operations increased 64.9% year-over-year to RMB61.4 million (US$9.4 million) [1]. Adjusted EBITDA (non-GAAP) [2] increased 74.3% year-over-year to RMB64.0 million (US$9.8 million) [1]. Core net income (non-GAAP) increased 58.3% year-over-year to RMB43.9 million (US$6.7 million) [1]. SHANGHAI, July 28, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China,