India, June 30 -- Greentree Hospitality Group Ltd (GHG) reported on Tuesday, higher profit for the first quarter of 2026 despite lower revenue.
Profit for the first quarter went up to RMB 15.29 million or $2.22 million, from RMB 7.49 million in the same quarter for previous year.
Earnings per ADS was RMB 0.15 or $0.02, compared to RMB 0.09 last year.
Non-GAAP income was RMB 23.89 million or $3.46 million, compared to RMB 18.13 million in the prior year.
Non-GAAP net income per ADS for the period was RMB 0.24 or $0.03, compared to RMB 0.18 a year ago.
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Adjusted EBITDA for the first quarter went up to RMB 53.19 million or $7.71 million, from RMB 39.61 mi...