Brief: Huazhu Group Says Q2 Revenue Increased 83.7% To RMB3.6 BLN

H World

24/08/2021 14:21

Aug 24 (Reuters) - Huazhu Group Ltd  1179.HK :
    * IN Q3 OF 2021, HUAZHU EXPECTS REVENUE GROWTH TO BE IN
RANGE OF
8%-12% COMPARED TO Q3 OF 2020, OR 4%-8% IF EXCLUDING DH
    * REVENUE INCREASED 83.7% YEAR-OVER-YEAR TO RMB3.6 BILLION
FOR Q2
    * QTRLY NET INCOME ATTRIBUTABLE WAS RMB378 MILLION VERSUS
NET LOSS
ATTRIBUTABL RMB548 MILLION
    * FOR FULL YEAR OF 2021, EXPECT REVENUE GROWTH TO RANGE FROM
A 29%
TO 33%, OR TO RANGE FROM 34% TO 38% IF EXCLUDING DH
    * IN Q3 2021, EXPECTS REVENUE GROWTH TO BE IN RANGE OF
12%-16%
COMPARED TO PRE-COVID-19 RESULTS IN Q3 OF 2019
    * MIN (JENNY) ZHANG RESIGNED AS DIRECTOR AND VICE-CHAIRLADY
OF CO

Source text for Eikon:  ID:nHKS5BYbCk 
Further company coverage:  1179.HK 

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