BRIEF-H World Says Qtrly Revenue Increased 53.6% Year-Over-Year To RMB6.3 Billion

Reuters2023-11-24

Nov 24 (Reuters) - H World Group Ltd :

* QTRLY REVENUE INCREASED 53.6% YEAR-OVER-YEAR TO RMB6.3 BILLION

* NET INCOME ATTRIBUTABLE RMB1.3 BILLION IN Q3 VERSUS NET LOSS ATTRIBUTABLE RMB717 MILLION

* FOR Q4 OF 2023, SEES REVENUE GROWTH TO BE IN RANGE OF 41%-45% COMPARED TO Q4 OF 2022, OR IN RANGE OF 48%-52% EXCLUDING DH.

* A TOTAL OF 9,157 HOTELS IN OPERATION AS OF SEPT 30

Further company coverage:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment