188bet game lost US4 million in the second quarter

Big accommodation Authors of this 188bet game: Guan Zichen, Yang Hui 2020-08-11
It will take until after 2021 for business to return to pre-epidemic levels.

The evening of August 10th local time,188bet game Hotels (hereinafter referred to as "188bet game") released its financial report for the second quarter of fiscal year 2020 before the market opened。According to financial report,The company’s net profit attributable to ordinary shareholders of the parent company in the second quarter of fiscal year 2020 was -2.US.4 billion,Operating income is 14.USD 6.4 billion,Down 72% year-on-year.4%。 

Look at the details,188bet game’s total revenue in the first half of the year was 61.USD 4.5 billion,103 for the same period last year.US.7 billion,Down 40% year-on-year。Second quarter net loss 2.US.4 billion,Net profit for the same period last year 2.US.2 billion。Net loss in the first half of the year 2.USD 0.3 billion,Profit for the same period last year was 6.USD 0.7 billion。The overall system-wide comparable RevPAR in the second quarter was 19.USD 11,Decreased by 84 year-on-year.4%,North America decreased by 83.6%,Other regions dropped by 86.7%。

Public information display,As of June 30 this year,188bet game has approximately 7,484 hotels worldwide、Over 1.4 million rooms;Traveling around my country、Gradual recovery of leisure travel,188bet game’s business in China has also recovered,According to the relevant person in charge of the hotel,All hotels in China have resumed operations in May。188bet game estimates,It will take until after 2021 for business to return to pre-epidemic levels.Relevant person in charge said,In order to increase revenue and reduce expenditure、188bet game has introduced some measures internally,Waiting for the industry to pick up。

*Source of this 188bet game: Beijing Business Daily, authors: Guan Zichen, Yang Hui,Original title188bet game lost 2 in the second quarter of fiscal year 2020.US.4 billion》.

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