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

Q3 2024 GreenTree Hospitality Group Ltd Earnings Call Transcript

Nov 21, 2024 / 01:00PM GMT
Release Date Price: $2.67 (-1.48%)
Operator

Good day. and welcome to the GreenTree Hospitality Group third-quarter 2024 financial results conference call. (Operator instructions) Please note today's event is being recorded.

I would now like to turn the conference over to Rene Vanguestaine. Please go ahead.

Rene Vanguestaine
Christensen Advisory - Investor Relation

Thank you, Rocco. 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 a 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; and Ms. Selina Yang, Chief Financial Officer. Mr. Xu will present the company's performance overview for the third quarter of 2024, and Ms. Yang will then discuss financials and guidance. They will be available to answer your questions during the Q&A session, which follows.

Before we begin, I'd like to remind you

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