Earnings ·
GreenTree Hospitality Group Ltd. reported second quarter 2026 financial results showing total revenues of RMB235.1…
GHGGreenTree Hospitality Group Ltd.
GreenTree Hospitality Group Ltd. reported second quarter 2026 financial results showing total revenues of RMB235.1 million (US$34.7 million), an 18.7% year-over-year decrease. Net income fell to RMB21.3 million (US$3.1 million) from RMB160.0 million in the prior year period, primarily due to the absence of one-time gains from asset divestments and securities fluctuations that boosted 2025 results. Core net income (non-GAAP) increased 4.4% to RMB47.2 million (US$7.0 million). The company operates a portfolio of 4,615 hotels and 198 restaurants in China. GreenTree also announced the approval of a US$5 million share repurchase program authorized over two years.