Home Inns & Hotels (HMIN) Reports Break-Even Q1
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Homeinns Hotel Group Reports First Quarter 2015 Financial Results
May 12, 2015 5:00 PM EDTSHANGHAI, May 12, 2015 /PRNewswire/ -- Homeinns Hotel Group (NASDAQ: HMIN) ("Homeinns" or "the Company"), a leading economy hotel chain in China, today announced its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial and Operational Highlights
Total revenues were RMB 1.47 billion (US$237.2 million) for the first quarter of 2015, a decrease of 0.1% year over year, but within the recently provided guidance range. Net loss attributable to ordinary shareholders was RMB 37.6 million (US$6.1 million) for the first quarter of 2015, compared with net income of... More