Home Inns & Hotels (HMIN) Misses Q2 EPS Views

Go back to Home Inns & Hotels (HMIN) Misses Q2 EPS Views

Homeinns Hotel Group Reports Second Quarter 2015 Financial Results

August 11, 2015 5:00 PM EDT

SHANGHAI, Aug. 11, 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 second quarter ended June 30, 2015. 

Second Quarter 2015 Highlights

Total revenues decreased 1.8% year over year to RMB 1,667 million (US$268.9 million) for the second quarter of 2015, slightly lower than the previously provided guidance of RMB 1,670 million to RMB 1,700 million. Net income attributable to ordinary shareholders was RMB 72.1 million (US$11.6 million) for the second quarter of 2015,... More