Greentree hospitality group says qtrly loss per ads was rmb0.11 (us$0.02)

Reports first quarter 2020 financial results.q1 revenue fell 33.1 percent to rmb 157.4 million.qtrly loss per ads was rmb0.11 (us$0.02).qtrly core net income per ads (basic and diluted) (non-gaap) was rmb0.27 (us$0.04).sees q2 revenue down 18% to 23%.expects a decline in total revenues in q2 of 2020 of 18%-23%.sees decline in total revenues of 10%-15% for full year 2020.

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