h world group - S (01179.HK) announced the performance for the third quarter ending in September, with total revenue of 6.442 billion RMB (same below), a year-on-year increase of 2.4%, meeting the guidance range of company revenue growth of 2%-5%. Recorded a net profit of 1.273 billion yuan, a decrease of 4.8%, with earnings per share of 41 cents. For the fourth quarter, revenue is expected to increase between 1%-5% annually.
In the third quarter, hotel revenue was 26 billion yuan, an increase of 10.7% year-on-year. EBITDA recorded 2 billion yuan, compared to 2.1 billion yuan and 1.9 billion yuan for the same period last year and the second quarter respectively.