Gelonghui March 28th 丨Jin Jiang Hotel (600754.SH) released its annual performance report for 2022, achieving consolidated revenue of 11.008 billion yuan, down 3.44% from the previous year; operating profit of 462 million yuan, down 19.56% from the previous year; net profit attributable to shareholders of listed companies of 113 million yuan, up 18.67% year on year; net profit after deducting non-recurring profit and loss attributable to shareholders of listed companies - 204 million yuan, an increase of 84.49 million yuan over the same period of the previous year; basic earnings per share of 0.1061 yuan.

During the reporting period, the company's consolidated revenue declined compared to the same period last year, mainly due to the impact of the epidemic on the company's domestic limited service hotel operations. Net profit attributable to shareholders of listed companies increased over the same period last year, mainly due to an increase in fair value at the end of the period due to the extension of the franchise period signed between Hangzhou KFC and the franchisee.