GreenTree Hospitality Group Ltd. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 199.64 million compared to CNY 200.83 million a year ago. Revenue was CNY 372.16 million compared to CNY 360.66 million a year ago.

Net income was CNY 10.76 million compared to net loss of CNY 5.17 million a year ago.