GreenTree Hospitality Group Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 338.52 million compared to CNY 391.96 million a year ago. Revenue was CNY 945.14 million compared to CNY 1,206.15 million a year ago.

Net loss was CNY 376.39 million compared to net income of CNY 117.44 million a year ago.