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/ --...

More Articles ...

Practical Ways to Help Reduce the Risk of Costly Business Disputes

Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not every disagreement can be prevented, many disputes stem from issues that better planning may have reduced or avoided. Taking... Read more

Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, tailings, and abrasive materials. In demanding mining environments, equipment is exposed to constant…
Executive Recruitment And The Value Of Executive Recruitment Agencies In Modern Hiring
Finding the right leadership talent is one of the most important decisions an organisation can make. Strong leaders influence company culture, business performance, strategic direction, and long-term growth. As competition…

Why Shopify Web Development Is Important For Modern Online Stores
A successful online store requires more than attractive product images and basic functionality. Businesses need websites that load quickly, provide smooth navigation, and create a reliable shopping experience across all…
Medical Employment Agencies And Their Contribution To Healthcare Staffing Success
The healthcare industry depends on highly skilled professionals who provide essential services across hospitals, medical centres, aged care facilities, community health organisations, and specialist clinics. As demand for healthcare services…

Commercial Leasing Mistakes That Can Cost Your Business
Signing a commercial lease is a significant commitment, and the mistakes made at the outset of a tenancy can follow a business for the entire duration of the agreement. Many…
Why Commercial Waste Management Is Important For Modern Businesses
Businesses across many industries generate large amounts of waste every day through operations, packaging, manufacturing, customer activity, and general workplace use. Many organisations now depend on professional commercial waste management services…

Using Headless CMS to Deliver Personalized Follow-Up Content After Lead Engagement
Lead engagement is one of the most important moments in the sales and marketing journey. When a prospect downloads a guide, fills out a form, attends a webinar, clicks on…
Why Headless CMS Is Ideal for Scalable Digital Sales Experiences
Digital sales experiences have become a major part of how buyers discover, evaluate, and choose products or services. Buyers no longer rely only on direct conversations with sales representatives. They…

Prev Next

Why Businesses Rely On Accountants in Melbourne For Financial Success
Managing finances effectively is essential for individuals, business owners, investors, and growing organisations. Financial de…
Practical Ways to Help Reduce the Risk of Costly Business Disputes
Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not ev…
Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, …
Executive Recruitment And The Value Of Executive Recruitment Agencies In Modern Hiring
Finding the right leadership talent is one of the most important decisions an organisation can make. Strong leaders influence c…
Why Shopify Web Development Is Important For Modern Online Stores
A successful online store requires more than attractive product images and basic functionality. Businesses need websites that l…
Medical Employment Agencies And Their Contribution To Healthcare Staffing Success
The healthcare industry depends on highly skilled professionals who provide essential services across hospitals, medical centre…

Rising rents and ‘death taxes’: why wild claims after the budget don’t actually make sense
For policy nerds like me, the week after the federal budget usually brings some much-needed quiet. After months of speculation an…
This little-known scheme can help first home buyers save thousands more for a deposit, with less tax
Vitaly Gariev/UnsplashSaving for a first home is already hard enough. So when a federal budget change appears to make some popula…
When AI giants go public, will ordinary investors know if they are along for the ride?
NurPhoto/Getty ImagesWe’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are be…
‘Forever renting’ is common in New York, California and Europe. What lessons can we learn?
Alexander Spatari/GettyFor a growing swathe of Australians, “forever renting” has become the new norm. Renting is no …
15 Australian companies switched to a four-day work week. It went surprisingly well
In a 1930 essay, British economist John Maynard Keynes predicted that in 100 years time, technological advances would have displa…
Are this budget’s tax changes really an ‘assault on aspiration’?
With this year’s budget, the Albanese government has delivered a suite of bold tax reforms aimed at improving Australia&rsq…
Why Bluey coins are worth big ‘dollarbucks’ – far more than the silver they’re made from
Ludo StudioIf you tried to buy any of the new A$2 Bluey collectable coins online when they went up for sale earlier this month, y…
The tax changes in the budget only scratch the surface. Here are 4 reforms Australia needs next
Is Australia finally getting serious about tax reform, or just testing the waters?The 2026 federal budget makes some long-debated…
Businesses need more than generic chatbots to benefit from AI. Will this budget help?
Laura Ockel/UnsplashThis month’s federal budget made a familiar promise: artificial intelligence (AI) will help lift Austr…
Australia has had ‘game-changer’ budgets before. How does Chalmers’ stack up?
Of the many budgets delivered since the Second World War, four stand out as having ushered in or consolidated significant economi…
After an opaque summit, China and the US want to work together again. That might not be good news for…
Back in 2005, US economist Fred Bergsten coined the term “Group of 2” or “G2”, proposing a stronger partn…
Struggling to find an electrician or builder? 5 reasons for Australia’s tradie shortage
PixabayHave you recently tried to call a tradie for repairs or a renovation and had trouble finding one? As the federal budget on…
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Wanna Yossingkum/Getty ImagesMost of us are familiar with the concept of greenwashing: organisations exaggerating or overstating …

Depression linked to low sports activity
From a friendly game of soccer to sweating it solo in the gym, most of us know that exercise is good for our health. But beyond…
How popular is Bitcoin in Australia?
A recent study shows that almost 21.1% of Australians use or own Bitcoin. Furthermore, Australia has the third-highest rate o…
Best Apps and Tech Tools for Sailors: Navigating the Digital Seas
Whether you're a seasoned sailor or just dipping your toes into life on the water, the right tech can make a world of differenc…
Various kinds of security shoes for the various work environments
A shoe is a kind of footwear that covers the foot and protects it with a sole. There are numerous styles of shoes for different…
Tips for Resolving a Business Contract Dispute
Disagreements over contracts can put significant strain on business relationships and financial outcomes. Whether it’s a disa…

How Door-to-Door Private Transfers Simplify Your Ski Trip
Ski holidays might be thrilling, but they're notoriously challenging to arrange. Between booking flights and accommodation, tra…
Denver daily private tours
Have your forces left you and your life brings you only difficulties from constant worries? Has your ability to work decreased fr…
Cool Places to Eat in Sydney
Sydney is a magnet for tourists. The visitors come from all parts of the world and throughout the year. This comes as no su…
Enjoy an Easter Break at the all-inclusive Tamassa Bel Ombre, Mauritius
Tamassa Bel Ombre, Mauritius is hopping into the Easter spirit with an exciting program of activities on Easter Sunday to put a…
Road Trip To Central NSW
One of the ultimate road-trips, heading inland from Sydney to Central NSW, must be on your bucket-list for a short break this A…

NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion