Trade Resources Company News China Lodging Group Net Revenue of CNY3.2245 Billion Rising 52.3% Year on Year

China Lodging Group Net Revenue of CNY3.2245 Billion Rising 52.3% Year on Year

China Lodging Group Limited (Nasdaq: HTHT) revealed net revenue of CNY 3.2245 billion for the 2012 full year. Net income reached CNY 174.9 million, rising 52.3% year on year.

Ended December 31, 2012, the company had had 1,035 hotels in operation nationwide, including 465 leased hotels, 516 manachised hotels and 54 franchised hotels, expecting the proportion and growth speed for manachised hotels will surpass that for leased hotels. Hotel rooms had reached 113,650, nearly doubled, settling in 171 cities.

Source: http://www.sinocast.com/readbeatarticle.do?id=92775
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China Lodging Group 2012 Net Up 52.3%