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Upscale hotel group New Century reports a 144.1% jump in EBITDA

2020/3/22 22:06:01
Zhejiang New Century Hotel Management reported that its revenue for 2019 rose 7.2% to RMB1,928.0 million and that its EBITDA climbed 144.1% to RMB741.9 million. Gross profit was RMB565.0 million, up by 20.7%. Net profit was RMB205.0 million, 8.4% more than the previous year.

The Chinese hotelier which is invested by Trip.com Group said earlier that it suspended operations at five properties for 38 days due to the coronavirus, causing a downward adjustment of the base rent by RMB 20.77 million in aggregate from RMB 200.00 million to RMB 179.23 million.
Author:管理员

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Wanda Realm Resort Harbin traffic info

Business zone:Sun Island Scenic Area / Ice and Snow World
Area:songbeiqu/songbei
Address:Heilongjiang · Haerbin · songbeiqu/songbei - No. 199 Fengyuan Street, Songbei District, Harbin, Heilongjiang Province, Haerbin, China

Wanda Realm Resort Harbin reserve:020-86009099 (CouponCode:74262) Busy or no answer, online booking please!
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Wanda Realm Resort Harbin address: No. 199 Fengyuan Street, Songbei District, Harbin, Heilongjiang Province, Haerbin, China

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