GreenTree(GHG) - 2023 Q1 - Quarterly Report

Exhibit 99.1 GreenTree Hospitality Group Ltd. Reports Second Half and Fiscal Year 2022 Financial Results · Total revenues decreased by 21.1% year over year to RMB487.8 million (US$70.7 million) for the second half 2022. Organic revenues, excluding revenues of Argyle and Urban, decreased by 15.8$67.6 million) for the second half 2022. · Income from operations increased by 516.4% year over year to RMB20.0 million (US$2.9 million) for the second half 2022. · Adjusted EBI ...