Home two quarterly net profit of 18.9 million U.S. dollars fell 10.1% Year-on-year

Le King Local budget hotel boss like home (NASDAQ Securities Code: HMIN) yesterday released the fiscal year ended June 30, the second quarter of 2011 unaudited results.　　Earnings, such as home in the second quarter of the total revenue of 905.2 million yuan (about 140.1 million U.S. dollars), an increase of 12.2% per cent, net profit of 122.1 million yuan (about 18.9 million U.S. dollars), compared with the same period last year, the net profit 135.8 million Yuan slipped 10.1%. such as home in the second quarter of the total revenue of 905.2 million yuan (about 140.1 million U.S. dollars), an increase of 12.2% per cent, reached the company's previous 905 million to 925 million yuan expectations. Art Travel advisory analysis, the increase in revenue is attributable to the sales of stores rose to 10.6%, the contribution to the revenue increase.　　such as home revenue of 905 million yuan, the direct store and the franchisee's income is 809 million yuan and 96 million yuan respectively, the contribution ratio of both to the revenue is close to 9:1. It is noteworthy that, such as home in the second quarter attributable to shareholders of the net profit of 122.1 million yuan (about 18.9 million U.S. dollars), compared with the same period last year net profit of 135.8 million Yuan slipped 10.1%.　　In this case, the home explanation is that the 19.9 million yuan (about 3.1 million U.S. dollars) of the equity incentive spending, as well as 300,000 yuan (about 50,000 U.S. dollars) Exchange losses.　　In an interview, the reporter learned that the rise in costs is also the cause of the two-quarter profit decline. As expected, the third quarter of 2011, the total revenue of 955 million yuan (about 147.8 million U.S. dollars) to 975 million yuan (about 150.8 million U.S. dollars), the year-on-year increase of 9% to 11%.