Huazhu Group: net profit of 990 million yuan in the first quarter turned from loss to profit compared with the same period last year.

[Huazhu Group: first quarter net profit 990 million yuan year-on-year return to profit]-Huazhu Group-S (01179.HK) issued an announcement that hotel turnover in the first quarter of 2023 increased by 71.3 percent to 16.2 billion yuan compared with the same period last year. The net profit attributable to Huazhu Group Co., Ltd. was 990 million yuan ($144 million), compared with a net loss of 630 million yuan in the same period last year, compared with a net loss of 124 million yuan in the previous quarter.