GreenTree Hospitality Group Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 199.53 million compared to CNY 208.78 million a year ago. Revenue was CNY 352.23 million compared to CNY 379.22 million a year ago.

Net income was CNY 58.9 million compared to CNY 36.33 million a year ago.