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GreenTree Hospitality Group Ltd. American depositary shares, each representing one - $GHG STOCK NEWS

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News
GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2023
Rhea-AI Summary

GreenTree Hospitality Group (NYSE: GHG) filed its annual report on Form 20-F for the fiscal year ending December 31, 2023. The report is available on the Company's investor relations website and the SEC's website. Shareholders and ADS holders can request a hard copy of the report for free.

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GreenTree Hospitality Group Ltd. Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
GreenTree Hospitality Group (GHG) reported a 3.2% year-over-year increase in total revenues to RMB372.2 million (US$52.4 million) for the fourth quarter of 2023. The company achieved positive net income of RMB7.4 million (US$1.0 million) compared to a loss in the previous year. Adjusted EBITDA increased by 2.1% year over year to RMB116.3 million (US$16.4 million). The hotel business showed significant growth with a 21.7% increase in revenues, while the restaurant business experienced a 29.2% decrease due to store closures. GreenTree's operational highlights included the opening of 107 hotels and a pipeline of 963 hotels under development. The company's leadership expressed confidence in the future of the China travel market.
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-2.15%
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earnings
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GreenTree to Report Fourth Quarter and Fiscal Year 2023 Financial Results After U.S. Markets Close on March 25, 2024
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GreenTree Hospitality Group (GHG) to report unaudited financial results for Q4 and fiscal year 2023 on March 25, 2024.
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1.27%
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conferences earnings
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GreenTree Hospitality Group Ltd. Reports Third Quarter 2023 Financial Results
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GreenTree Hospitality Group Ltd. (GHG) announced its unaudited financial results for the third quarter of 2023. Total revenues increased by 15.3% year over year to RMB460.9 million (US$63.2 million). 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) increased by 215.0% year over year to RMB173.4 million (US$23.8 million). Core net income (non-GAAP) increased by 2625.6% year over year to RMB127.2 million (US$17.4 million). GHG's operational highlights include 4,185 hotels with 307,010 hotel rooms in operation as of September 30, 2023, and 206 restaurants in operation as of the same date.
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-4.21%
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GreenTree to Report Third Quarter 2023 Financial Results After U.S. Markets Close on November 21, 2023
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GreenTree Hospitality Group Ltd. (NYSE: GHG) Announces Q3 2023 Financial Results Reporting and Earnings Conference Call
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-0.23%
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GreenTree Hospitality Group Ltd. Reports First Half 2023 Financial Results
Rhea-AI Summary
GreenTree Hospitality Group Ltd. announces unaudited financial results for the first half of 2023, with total revenues increasing by 12.1% year over year to RMB794.2 million (US$109.5 million). Hotel revenues increased by 23.1% and restaurant revenues decreased by 7.7%. The company opened 183 hotels and closed 64 stores during this period.
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-1.61%
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GreenTree to Report First Half 2023 Financial Results After U.S. Markets Close on September 18, 2023
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GreenTree Hospitality Group will report unaudited financial results for H1 2023 on September 18, 2023. Earnings conference call scheduled.
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5.5%
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GreenTree Hospitality Group Ltd. Announces Selected Preliminary Results for the First Quarter of 2023
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3.61%
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GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2022
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GreenTree Hospitality Group Ltd. Reports Second Half and Fiscal Year 2022
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Stock GHG logo
GreenTree Hospitality Group Ltd. American depositary shares, each representing one

NYSE:GHG

GHG Rankings

#3343 Ranked by Market Cap
#192 Ranked by Stock Gains
N/A Ranked by Dividends

GHG Stock Data

335.09M
10.79M
13.3%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
Shanghai

About GHG

greentree hospitality group ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the greentree brand in the people's republic of china. as of december 31, 2019, it operated 34 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 3,957 hotels with 290,026 rooms in operation covering 339 cities in china, and an additional 949 hotels with 68,522 rooms that were contracted for or under development. the company was founded in 2004 and is headquartered in shanghai, the people's republic of china. greentree hospitality group ltd. is a subsidiary of greentree inns hotel management group, inc.