Zhejiang New Century Hotel Management Co., Ltd.

1158

CNE100003HS6

Zhejiang New Century Hotel Management Co., Ltd. Provides Earnings Guidance for the Year Ended 31 December 2020

February 01, 2021 at 08:46 am EST

Zhejiang New Century Hotel Management Co., Ltd. provided earnings guidance for the year ended 31 December 2020. For the period, the Group's net profit for the year ended 31 December 2020 is expected to be reduced by about 80% to 90% as compared to that for the year 2019.

Latest news about Zhejiang New Century Hotel Management Co., Ltd.

Zhejiang New Century Hotel Management : New Century Hotel to Be Delisted from Hong Kong Bourse on May 24 as Privatization Becomes Effective	21-05-17	MT
Kunpeng Asia Limited completed the acquisition of 9.27% stake in Zhejiang New Century Hotel Management Co., Ltd. from New Century Tourism Group Co., Ltd., Hangzhou Qianhe Qiju Investment Management Partnership Enterprise (Limited Partnership) and Ningbo Meishan Bonded Area Kairui Shiqi Investment Management Partnership (Limited Partnership).	21-05-13	CI
Kunpeng Asia Limited completed the acquisition of 18.8% stake in stake in Zhejiang New Century Hotel Management Co., Ltd. from GreenTree Hospitality Group Ltd., Rongtong Fund Management Co., Ltd., Gem Holdings Group Co., Ltd. and others for HKD 0.96 billion.	21-05-13	CI
Zhejiang New Century Hotel Management : Profit Plummets 90% in 2020	21-03-16	MT
Zhejiang New Century Hotel Management Co., Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2020	21-03-15	CI
Zhejiang New Century Hotel Management Co., Ltd. Proposes No Cash Dividend for the Year Ended December 31, 2020	21-03-15	CI
Zhejiang New Century Hotel Management : Warns of Up to 90% Decline in 2020 Net Profit	21-02-02	MT
Zhejiang New Century Hotel Management Co., Ltd. Provides Earnings Guidance for the Year Ended 31 December 2020	21-02-01	CI
Zhejiang New Century Hotel Management Co., Ltd. Announces Board Changes	21-01-29	CI
Zhejiang New Century Hotel Management : Appoints Financial Adviser	21-01-29	MT
Zhejiang New Century Hotel Management Co.,Ltd. cancelled the acquisition of assets of Hilton Hangzhou Xiaoshan from Mogen Real Estate Company.	21-01-20	CI
Kunpeng Asia Limited made an offer to acquire 19.7% stake in Zhejiang New Century Hotel Management Co., Ltd. from GreenTree Hospitality Group Ltd., Rongtong Fund Management Co., Ltd., Gem Holdings Group Co., Ltd. and others for approximately HKD 1 billion.	21-01-19	CI
Kunpeng Asia Limited made an offer to acquire 9.27% stake in Zhejiang New Century Hotel Management Co., Ltd. from New Century Tourism Group Co., Ltd., Hangzhou Qianhe Qiju Investment Management Partnership Enterprise (Limited Partnership) and Ningbo Meishan Bonded Area Kairui Shiqi Investment Management Partnership (Limited Partnership) for approximately CNY 390 million.	21-01-19	CI
Zhejiang New Century Hotel Management Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended 30 June 2020	20-08-18	CI
Zhejiang New Century Hotel Management Co., Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2020	20-07-27	CI
Zhejiang New Century Hotel Management Co., Ltd. Approves Board Appointments	20-05-20	CI
Zhejiang New Century Hotel Management Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2019, Payable on 31 July 2020	20-05-20	CI
Zhejiang New Century Hotel Management Co., Ltd. Declares to Distribute A Final Dividend for the Year Ended 31 December 2019	20-04-16	CI
Zhejiang New Century Hotel Management Co., Ltd. Proposes Profit Distribution Plan for the Year Ended 31 December 2019	20-03-22	CI
Zhejiang New Century Hotel Management Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-22	CI
Certain H Shares of Zhejiang New Century Hotel Management Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-MAR-2020.	20-03-10	CI
Zhejiang New Century Hotel Management Co., Ltd. Enters Framework Agreement with New Century Tourism and New Century Holdings for the Provision of Full Service Hotel Management Services	20-03-09	CI
Zhejiang New Century Hotel Management Co.,Ltd. entered into an asset purchase agreement to acquire assets of Hilton Hangzhou Xiaoshan from Mogen Real Estate Company for approximately CNY 140 million.	20-01-20	CI
Zhejiang New Century Hotel Management Co., Ltd. Establishes Zhejiang Zheqin New Century Hotel Management Co., Ltd. with Zhejiang Zheqin Xixi Hotel Co., Ltd	19-12-31	CI
Zhejiang New Century Hotel Management Co., Ltd., Hangzhou Yuanzhen Cultural Creativity Co., Ltd. and Shanghai Yuanka Shiye Co.,Ltd. Enter Joint Venture Agreement	19-12-31	CI

Chart Zhejiang New Century Hotel Management Co., Ltd.

Duration

Period

Chart Zhejiang New Century Hotel Management Co., Ltd.

More charts

Company Profile

Zhejiang New Century Hotel Management Co., Ltd. is a China-based company mainly engaged in mid-scale to upscale hotel chains business. The Company operates its business through two segments: Hotel Operation segment and Hotel Management segment. Hotel Operation segment is principally engaged in the operation of its own hotels and rental hotels and provides catering services. Hotel Management segment is mainly engaged in hotel full service management business and franchise management business. The Company mainly conducts its business in the Chinese domestic market.

Sector

Hotels, Motels & Cruise Lines

More about the company

Sector Hotels & Motels

	1st Jan change	Capi.
H WORLD GROUP LIMITED	+9.78%	11.52B
WHITBREAD PLC	-13.38%	7.27B
WYNDHAM HOTELS & RESORTS, INC.	-8.58%	5.92B
CHOICE HOTELS INTERNATIONAL, INC.	+4.38%	5.87B
SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO., LTD.	-3.31%	3.89B
SHANGRI-LA ASIA LIMITED	+2.24%	2.49B
ATOUR LIFESTYLE HOLDINGS LIMITED	+2.71%	2.45B
BTG HOTELS (GROUP) CO., LTD.	-1.79%	2.37B
CHALET HOTELS LIMITED	+24.19%	2.26B

Hotels & Motels