China Lodging Group Q2 Profit Rises - Quick Facts

(RTTNews) - China Lodging Group, Limited (HTHT) reported that its second-quarter net income attributable to company increased to RMB 124.2 million from RMB 96.3 million in the second quarter of 2013. Earnings per share were RMB 0.49 compared to RMB 0.39 prior year. Earnings per ADS were RMB 1.97, compared to RMB 1.55, last year.

For the second quarter of 2014, excluding share-based compensation expenses, adjusted earnings per share were RMB 0.52 or $0.08. Adjusted earnings per ADS were RMB 2.08 or $0.34, for the quarter.

Net revenues were RMB 1.25 billion, representing a 20.5% year-over-year increase. The company expects net revenues for the third quarter of 2014 to grow 20% to 22% growth year-over-year.