Huatian 188bet mobile login’s revenue in 20205.5.1 billion yuan,Net profit dropped more than 1000% year-on-year

Big accommodation Author of this article: 188bet mobile login 2021-05-03
Revenue in the first quarter of this year 1.2.7 billion yuan,90 year-on-year increase.23%;Net profit is -1.0.3 billion yuan,Loss narrowed by 24% year-on-year。

April 29,Huatian 188bet mobile login Group Co., Ltd. (hereinafter referred to as "Huatian 188bet mobile login") releases the 2020 annual report。Report Display,Huatian 188bet mobile login achieved revenue of 5 during the reporting period.1.5 billion yuan,YoY decrease of 53.59%;Net profit attributable to shareholders of listed companies is -5.1.3 billion yuan,Significant year-on-year decrease of 1121.83%。

Report states,As of the end of 2020,The company has a total of 48 self-operated and managed hotels (41 have been opened),16 of which are self-operated hotels,32 managed hotels,Total number of self-operated 188bet mobile login rooms: 4990,A total of 1.56 million members。During the reporting period,The 188bet mobile login industry achieved operating income of 48,104.160,000 yuan,Decreased by 37% year-on-year.08%,Mainly affected by the new coronavirus epidemic,188bet mobile login revenue dropped significantly。In addition,The real estate industry achieved operating income of 1686.190,000 yuan,Decreased by 94 year-on-year.80%。Mainly because the progress of real estate disposal in this period is not as good as expected。

Announcement,Last half of last year,With the effective control of epidemic prevention and control,The industry began to show a gradual recovery trend in the third quarter,Revenue increased month-on-month,Loss narrowed significantly,Industry confidence has also been significantly restored。But when the epidemic has not yet been completely controlled,The recovery of the 188bet mobile login industry has obvious regional differences,Showing the characteristics of uneven warmth and coldness,Hotels in some areas have returned to pre-epidemic levels,Even started to make profits。

Overall,The industry will show the following characteristics after recovery,First, regional aspects,Mainly concentrated in tourist destination areas,Sanya has the most outstanding performance,Followed by Chengdu, Chongqing and the Yangtze River Delta region。The second is the 188bet mobile login category,Tourist destination hotels and leisure resort hotels are booming,Some even exceeded the level of the same period last year,Business、Conference、Convention and exhibition hotels are still in a difficult period。The third is the scale of the enterprise,The recovery situation of well-known 188bet mobile login chain groups, especially the member hotels of leading groups, is relatively better。

According to announcement,Huatian 188bet mobile login said,The top priority this year is to do a good job in inventory and disposal of heavy assets。In addition,Due to the current operating fixed costs being too high,Annual depreciation and amortization、Financial interest remains high,And it is extremely disproportionate to the revenue scale,Therefore, the 188bet mobile login industry still needs to reduce costs and increase efficiency。The first quarter report of 2021 released on the same day shows,Huatian 188bet mobile login achieved revenue in the first quarter of this year 1.2.7 billion yuan,90 year-on-year increase.23%;Net profit is -1.0.3 billion yuan,Loss narrowed by 24% year-on-year。

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