Home Inns Reports First Quarter 2010 Financial Results
SHANGHAI, May 11 /PRNewswire-Asia/ -- Home Inns & Hotels Management Inc. (Nasdaq: HMIN), a leading economy hotel chain in China, today announced its unaudited financial results for the first quarter ended March 31, 2010. First Quarter 2010 Financial Highlights -- Total revenues for the first quarter increased 28.3% year over year to RMB 682.9 million (US$100.0 million), exceeding the guidance range of RMB 650 million to RMB 670 million. -- Net income attributable to Home Inns' shareholders for the quarter was RMB 46.1 million (US$6.7 million), including share-based compensation expenses of RMB 9.4 million (US$1.4 million), gain on buy-back of convertible bonds of RMB 0.5 milli...

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