SHANGHAI (AP) _ Huazhu Group Limited (HTHT) on Tuesday reported a loss of $38 million in its first quarter.

The Shanghai-based company said it had a loss of 12 cents per share.

The hotel operator posted revenue of $355 million in the period.

Huazhu Group shares have climbed 25% since the beginning of the year. The stock has increased 86% in the last 12 months.

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