Shanghai Jin Jiang International Hotels Development Co Ltd AJin Jiang Hotels' H1 net profit rose 47.05% year on year to 545 million yuan, with revenue up 4.21% and operating cash flow up 57.95%.
Jin Jiang Hotels released its 2026 interim report. In the first half, it achieved operating revenue of 6.801 billion yuan, up 4.21% year on year; net profit attributable to the parent company was 545 million yuan, up 47.05% year on year; net profit after deducting non-recurring items was 593 million yuan, up 45.16% year on year. Net cash flow from operating activities reached 2.103 billion yuan, up 57.95% year on year, while finance costs fell 16.36% year on year, as the financial structure continued to improve. During the first half, the company completed upgrades and renovations of 381 existing franchised hotels. The central reservation rate for domestic limited-service hotels rose to 74.6%, and the online direct-sales reservation rate rose to 36.7%, an increase of 9.3 percentage points year on year. Revenue per available room at directly operated hotels was 139.84 yuan per room, up 10.68% year on year. In overseas operations, Louvre Hotels Group strategically exited some underperforming stores in France and the Netherlands, pushed forward renovations of more than 40 older hotels, and rolled out a management outsourcing model for about 20 hotels. The member contribution rate reached 75.57%, and its Wind ESG rating jumped from A to AA.
Shanghai Jin Jiang International Hotels Development Co Ltd AJin Jiang Hotels' H1 net profit rose 47.05% year on year to 545 million yuan, with revenue up 4.21% and operating cash flow up 57.95%.
Shanghai Jin Jiang International Hotels Development Co Ltd BJin Jiang Hotels' H1 net profit rose 47.05% year on year to 545 million yuan, with revenue up 4.21% and operating cash flow up 57.95%.