GreenTree Hospitality Group Ltd. Reports First Half 2022 Financial Results

Written by PR Newswire

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. 28, 2022 /PRNewswire/ --...

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