BTG 188bet mobile’s net profit increased by 35% in 2018.84%,80% of revenue comes from Home Inns

Big accommodation Author of this article: 188bet mobile 2019-04-18
BTG 188bet mobile achieved total operating income of 85% in 2018.3.9 billion yuan,YoY growth 1.45%,Achieve net profit attributable to shareholders of listed companies 8.5.7 billion yuan,35 year-on-year increase.84%。

BTG 188bet mobile (stock code: 600258) releases 2018 annual report,Last year the company achieved total operating income of 85.3.9 billion yuan,YoY growth 1.45%;Achieve net profit attributable to shareholders of listed companies 8.5.7 billion yuan,35 year-on-year increase.84%;Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses6.9 billion yuan,15 year-on-year increase.99%;Basic earnings per share is 0.8755 yuan。

80% of revenue comes from Home Inns

BTG 188bet mobile focuses on the investment and operation management of economic chain and mid-to-high-end hotels,Also engaged in scenic spot management business。

188bet mobile business includes two modes: 188bet mobile operation and 188bet mobile management。The 188bet mobile operation model mainly refers to operating hotels through leasing properties,The company earns revenue by providing accommodation and related services to customers,And bear the 188bet mobile rent,Management during decoration and operation、Maintenance、Profit after operating expenses and related taxes。188bet mobile management business includes brand franchise、Output management and other licensed businesses。

The operating income of BTG 188bet mobile in 2018 mainly came from the 188bet mobile business,Its 188bet mobile business achieved operating income of 80.8.9 billion yuan,YoY growth 1.46%,Accounting for 94% of total revenue.7%,Home Inns contributes the most revenue。Homeinn 188bet mobile Group achieved operating income of 71% in 2018.5.4 billion yuan,YoY growth 1.45%,Accounting for 83% of the group’s total revenue.8%;BTG’s existing hotels achieved operating income of 9.3.6 billion yuan,YoY growth 1.57%。

Scenic spot business,Company Holdings 74.81% of Nanshan scenic spots are the only 5A-level scenic spots operated by the company。Hainan Nanshan Scenic Spot operates mainly through scenic spot tickets、Catering、Product、Accommodation、Income and profit from transportation in the park。The company’s scenic spot operation business achieved operating income 4 in 2018.4.9 billion 188bet mobile,An increase of 5.6 million 188bet mobile over the same period last year,Increase 1.26%。

Boutique 188bet mobile Representation,There are three reasons why the company’s operating performance has achieved a substantial increase compared with the same period last year: first、The company strives to accelerate market development,Strictly control costs,Profitability continues to improve,188bet mobile and scenic spot business performance achieved better growth compared with the same period last year,Contributed total incremental profit of 89.39 million yuan。Second、Company through good cash management,Repaid part of the bank loan with operating cash inflow,Thus saving financial costs,Total profit increased by 50.6 million yuan compared with the same period last year;Third、The company will sell Yanjing 188bet mobile this year、Shouzhou Automobile Co., Ltd. and other equity interests obtained incremental investment income 1.4.4 billion yuan。

Mid-to-high-end hotels are developing strongly

After clearly focusing on mid- to high-end hotels,The overall performance of BTG Hotels Group’s mid- to high-end hotels is improving。Financial report display,Home Inn’s 2018 mature mid-to-high-end 188bet mobile RevPAR 277 yuan for more than 18 months,An increase of 2 compared with the same period last year.3%;Average house price 337 yuan,An increase of 3 compared with the same period last year.6%。

Meanwhile,Number of hotels of BTG 188bet mobile Group’s mid- to high-end brands,From 503 stores at the end of 2017 to 720 stores,Proportion 17.8%,Number of guest rooms 8.70,000 rooms,21 of the total number of rooms.9%。Among them,Home Inn Business 188bet mobile、Home Inn Select 188bet mobile、The Yiyi series of hotels ranks among the top three in terms of number of stores opened,204 respectively、187、171,is the main force behind the strong development of BTG Ruzhong’s high-end brand series。

As of the end of December 2018,BTG Hotels Group operates 4,049 hotels in more than 400 cities at home and abroad,Number of rooms 39.70,000 rooms,Including 925 direct-operated stores、3124 franchise stores。2018,BTG 188bet mobile Group opened 622 new hotels,Including 44 directly operated stores and 578 franchised stores。As of the end of 2018,BTG 188bet mobile Group has 1.100 million members,The company’s free channel room nights accounted for nearly 80% throughout the year。

Business plan for 2019,Boutique Travel Home Name,The overall operating target for 2019 is an estimated operating income of 8.6 to 8.8 billion 188bet mobile,The number of newly opened hotels shall not be less than 800,Among them, mid- to high-end hotels account for more than 50%。At the same time,Complete equity incentive work,Form a long-term incentive mechanism,Promote the company’s faster development。

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