BTG Hotels(SH:600258) Cai Jing Wang·2025-10-29 15:29Core Insights - The company reported a slight decline in revenue and net profit for Q3 2025 compared to the previous year [1] - The overall performance for the first three quarters of 2025 showed a growth in total profit, driven mainly by the hotel business [1] Financial Performance - Q3 2025 revenue was 2.121 billion yuan, a year-on-year decrease of 1.6% [1] - Net profit attributable to shareholders for Q3 was 358 million yuan, down 2.21% year-on-year [1] - Total profit for the first three quarters increased by 4.21% to 1.03 billion yuan [1] - Hotel business profit for the first three quarters grew by 5.25% to 846 million yuan [1] - Net profit attributable to shareholders for the first three quarters was 755 million yuan, up 4.36% year-on-year [1] - Net profit excluding non-recurring gains and losses was 675 million yuan, a 2.15% increase year-on-year [1] Operational Metrics - RevPAR (Revenue per Available Room) for Q3 was 191 yuan, a decrease of 2.4% year-on-year [1] - Occupancy rate (Occ) was 73.6%, down 0.3 percentage points year-on-year [1] - Average Daily Rate (ADR) was 259 yuan, a decline of 2% year-on-year [1] - As of September 30, 2025, the company operated 7,501 hotels (including 2 overseas) with a total of 544,155 rooms [1] - The number of mid-to-high-end hotels was 2,223, accounting for 29.6% of total hotels, with 231,234 rooms, representing 42.5% of total room count [1]