Brief: Huazhu Group Posts Q3 Net Loss Attributable Of RMB212 Million

H World

04/12/2020 12:56

Dec 4 (Reuters) - Huazhu Group Ltd  1179.HK :
    * QTRLY NET REVENUES INCREASED 3.4% TO RMB3.2 BILLION
    * QTRLY NET LOSS ATTRIBUTABLE RMB212 MILLION VERSUS INCOME
OF
RMB431 MILLION
    * IN Q4 , EXPECTS NET REVENUES TO RANGE FROM A 0% TO A 3%
INCREASE
    * HEADING INTO NOV & DEC, SEEN NEGATIVE AFFECT TO DEMAND FOR
LODGING IN SHANGHAI & NEARBY CITIES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbj40ZC
Further company coverage:  1179.HK 

 (Reuters.Briefs@thomsonreuters.com)