Brief: GreenTree Hospitality Sees Q2 2020 Revenue Up 18% To 23%

GreenTree Hospitality

04/06/2020 22:32

June 4 (Reuters) - GreenTree Hospitality Group Ltd  GHG.N :
    * REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS
    * SEES Q2 2020 REVENUE UP 18 TO 23 PERCENT
    * Q1 REVENUE FELL 33.1 PERCENT TO RMB 157.4 MILLION
    * QTRLY LOSS PER ADS WAS RMB0.11 (US$0.02)
    * QTRLY CORE NET INCOME PER ADS (BASIC AND DILUTED)
(NON-GAAP) WAS
RMB0.27 (US$0.04)
    * EXPECTS A DECLINE IN TOTAL REVENUES IN Q2 OF 2020 OF
18%-23%
    * SEES DECLINE IN TOTAL REVENUES OF 10%-15% FOR FULL YEAR
2020

Source text for Eikon:  ID:nPn3yb5PMa 
Further company coverage:  GHG.N 

 ((Reuters.Briefs@thomsonreuters.com;))