GreenTree Hospitality Group Ltd (NYSE:GHG)
$ 2.67 -0.05 (-1.84%) Market Cap: 271.11 Mil Enterprise Value: 305.02 Mil PE Ratio: 9.82 PB Ratio: 1.23 GF Score: 76/100

Half Year 2023 GreenTree Hospitality Group Ltd Earnings Call Transcript

Sep 19, 2023 / 01:00AM GMT
Release Date Price: $4.28 (-1.61%)
Operator

Hello, ladies and gentlemen. Thank you for standing by for GreenTree's First Half 2023 Earnings Conference Call. (Operator Instructions) As a reminder, today's conference call is being recorded.

I would now like to turn the meeting over to your host for today's call, Mr. Rene Vanguestaine of Christensen, GreenTree's Investor Relations firm. Please proceed, Rene.

Rene Vanguestaine
Christensen & Associates - Chairman & CEO

Thank you, Ashley. Hello, everyone, and thank you for joining us. GreenTree's earnings release was distributed earlier today and is available on our IR website at ir.998.com as well as on PR Newswire services. As a reminder, we also posted a PowerPoint presentation that accompanies our comments to the same IR website.

On the call from GreenTree are Mr. Alex Xu, Chairman and Chief Executive Officer; Ms. Selina Yang, Chief Financial Officer; Ms. Megan Huang, Vice President of Sales and Marketing; Mr. [Bill Ju,] Financial Director of the restaurant business.

Mr. Xu will present the company's performance

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