Meituan comments: in the second quarter of 2020, the revenue of the store, hotel and tourism business is 4.54 billion yuan
Sina science and technology news on August 21 afternoon news, the second quarter, meituan review revenue 24.72 billion yuan, a year-on-year increase of 8.9%. The net profit was 2.21 billion yuan, the market expected loss was 583 million yuan, and the profit was 876 million yuan in the same period last year. The operating profit margin increased from 4.9% to 8.8%. Both adjusted EBITDA and adjusted net profit increased to RMB 2.6 billion and RMB 2.7 billion respectively. The operating cash flow changed from a negative value of 5 billion yuan in the first quarter of 2020 to a positive value of 5.6 billion yuan in the second quarter of 2020. In the second quarter of 2020, meituan’s revenue from stores, hotels and tourism services was 4.54 billion yuan, down 13.4% year-on-year. In the first half of the year, the revenue from stores, hotels and tourism business was 7.64 billion yuan, down 21.6% year on year. < p > < p > in the second quarter of 2020, meituan reviews’ revenue from stores, hotels and tourism decreased by 13.4% to RMB 4.5 billion. In the second quarter of 2020, the operating profit of stores, hotels and tourism businesses decreased by 11.9% year-on-year, but increased by 178.1% to RMB 1.9 billion. The operating profit margin increased by 0.7% year-on-year and 19.6% month on month to 41.6%. < / P > < p > the hotel business continues to be seriously affected by the epidemic. In the second quarter of 2020, the number of domestic hotel rooms consumed on meituan review platform decreased by 17% year on year.
