H World Group Q4 Profit Plunges

MT Newswires Live
03-21

H World Group (HKG:1179) reported net income attributable to owners of 49 million yuan for the quarter ended Dec. 31, 2024, down from 743 million yuan in the previous year, according to a filing with the Hong Kong bourse on Thursday.

Earnings per share were 0.02 yuan, down from 0.23 yuan a year ago.

Revenue for the year rose 7.8% to 6.02 billion yuan from 5.59 billion yuan in the prior year.

The company declared an ordinary cash dividend of $0.097 per ordinary share.

H World shares were up over 4% in recent trading.

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