China Lodging posts 4Q profit

SHANGHAI (AP) _ China Lodging Group Ltd. (HTHT) on Tuesday reported fourth-quarter net income of $35.3 million.

On a per-share basis, the Shanghai-based company said it had net income of 48 cents. Earnings, adjusted for stock option expense, came to 52 cents per share.

The hotel operator posted revenue of $340.4 million in the period.

For the year, the company reported profit of $190.2 million, or $2.60 per share. Revenue was reported as $1.26 billion.

China Lodging shares have climbed 2 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $147.35, more than doubling 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