SHANGHAI (AP) _ Huazhu Group Limited (HTHT) on Thursday reported fourth-quarter net income of $89 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Shanghai-based company said it had profit of 30 cents.
The hotel operator posted revenue of $418 million in the period.
For the year, the company reported profit of $254 million, or 85 cents per share. Revenue was reported as $1.61 billion.
Huazhu Group shares have dropped 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.89, a drop of 26% in the last 12 months.