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China Lodging posts 4Q profit

SHANGHAI (AP) _ China Lodging Group Ltd. (HTHT) on Tuesday reported earnings of $18.1 million in its fourth quarter.

The Shanghai-based company said it had net income of 25 cents per share. Earnings, adjusted for stock option expense, came to 28 cents per share.

The hotel operator posted revenue of $240.5 million in the period.

For the year, the company reported profit of $115.9 million, or $1.64 per share. Revenue was reported as $941.8 million.

China Lodging shares have climbed slightly more than 8 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $56.20, an increase of 73 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HTHT at https://www.zacks.com/ap/HTHT


Keywords: China Lodging, Earnings Report