Fosun's Next Step: "Deep Mining" for Stable Profits
With the implementation of the business streamlining strategy, Fosun divested some non-core businesses that had previously provided stable cash flows.
- With the implementation of the business streamlining strategy, Fosun divested some non-core businesses that had previously provided stable cash flows.
- The subsequent improvement in cash flow has brought market attention to how Fosun will sustain stable profit growth as it did over the past decade.
- The results announcement shows that Fosun's focus on its core businesses in the household consumption sector has gradually yielded results.
- Leveraging on the two core growth drivers of innovation and globalization, Fosun has continued to deepen its efforts in advantageous industries and reap more stable profits.