GreenTree Hospitality Group Ltd. Reports First Half 2023 Financial Results

Total revenues increased by 12.1% year over year to RMB794.2 million (US$109.5 million)[1]. Income from operations was RMB150.9 million (US$20.8 million)[1], compared to RMB-474.3 million for the first half of 2022. Net income was RMB177.3 million (US$24.5 million)[1], compared to RMB-384….