China Lodging Group (HTHT) Reports Q1 EPS of RMB1.22

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Go back to China Lodging Group (HTHT) Reports Q1 EPS of RMB1.22

China Lodging Group, Limited Reports First Quarter of 2016 Results

May 11, 2016 4:30 PM EDT

A total of 2,989 hotels or 304,428 hotel rooms in operation as of March 31, 2016.Net revenues increased 18.8% year-over-year to RMB1,438.0 million (US$223.0 million)1 for the first quarter of 2016, exceeding the high end of the guidance.Adjusted EBITDA (non-GAAP) increased 71.1% year-over-year to RMB275.7 million (US$42.8 million) for the first quarter of 2016. Net income attributable to China Lodging Group, Limited was RMB69.4 million (US$10.8 million) for the first quarter of 2016, compared with net loss attributable to China Lodging Group, Limited of RMB7.0 million for the first quarter of 2015.... More