H World Group Ltd. (NASDAQ:HTHT) saw a 5.43 percent increase in shares on Wednesday, closing at $35.16 apiece. In Q2, net income rose 45 percent to 1.5 billion yuan, with total revenues growing 4 percent to 6.4 billion yuan. The company expects Q3 revenue growth of 2 to 6 percent.
With a network of 12,137 hotels and 1.18 million rooms as of June 30, H World Group Ltd. (NASDAQ:HTHT) has a strong presence, particularly under Legacy-Huazhu. The company anticipates continued growth in the coming quarter.
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Read more at Yahoo Finance: H World Group (HTHT) Jumps on Impressive Earnings, Outlook
