FTG

Firan Technology Group Corporation (“FTG”) Announces First Quarter 2024 Earnings Release and Conference Call Dates

Retrieved on: 
Friday, April 5, 2024

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024.

Key Points: 
  • TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024.
  • The Corporation will host a live conference call on Friday, April 12, 2024, at 8:30am (Eastern) to discuss the first quarter 2024 financial results.
  • Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 34553, and identify that you are calling to participate in the FTG conference call.
  • A replay of the call will be available until May 12, 2024, and will be available on the FTG website at www.ftgcorp.com.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Tuesday, April 2, 2024

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Tuesday, April 2, 2024

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Wednesday, March 27, 2024

HONG KONG, March 27, 2024 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its annual results for the year ended 31 December 2023 (the "Reporting Period").

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Thanks to the Group's global business presence and continuous innovation, industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing  a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Farlie Turner Gilbert Advises SimSpace in $45 Million Growth Equity Private Placement from L2 Point Management

Retrieved on: 
Thursday, March 21, 2024

FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.

Key Points: 
  • FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.
  • Based in Boston, Massachusetts, SimSpace is a US-based market leader in military-grade cybersecurity.
  • Scott Saunders, Managing Director of FTG, said: "It was a pleasure to work with SimSpace's experienced management team, L2 Point, and Arsenal Growth.
  • The private placement for SimSpace represents another successful transaction for FTG's capital markets practice, which focuses on capital raises of $25 million to $350 million for growth companies and those with complex capital structures.

Prepare Your Municipality for Electronic Permitting with Mitchell Humphrey's FastTrackGov® Software

Retrieved on: 
Thursday, February 15, 2024

ST LOUIS, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Government software provider Mitchell Humphrey & Co. is preparing municipalities for their digital future by supplying critical software products as the state of New Jersey moves toward a fully electronic permitting and inspection process under Bill A1145. Specialized software tailored to the requirements of local government organizations is the key to compliance and a successful transformation.

Key Points: 
  • ST LOUIS, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Government software provider Mitchell Humphrey & Co. is preparing municipalities for their digital future by supplying critical software products as the state of New Jersey moves toward a fully electronic permitting and inspection process under Bill A1145.
  • Specialized software tailored to the requirements of local government organizations is the key to compliance and a successful transformation.
  • Under the new law, municipalities throughout the state are required to offer fully electronic permitting processes from the submission of applications to their final approval.
  • Brady continued, "Moving from paper-based to digital operations can be daunting initially, and municipality leadership teams must choose the right software for their community.

The Okura Tokyo Named Five-Star Hotel, Okura Fitness & Spa Named Four-Star Spa and Nouvelle Epoque Named Five-Star Restaurant in Forbes Travel Guide’s 2024 Star Awards

Retrieved on: 
Thursday, February 8, 2024

The Okura Tokyo earned a new Forbes Travel Guide Five-Star award, the Okura Fitness & Spa earned a Four-Star award, and the Nouvelle Epoque restaurant earned a Five-Star award.

Key Points: 
  • The Okura Tokyo earned a new Forbes Travel Guide Five-Star award, the Okura Fitness & Spa earned a Four-Star award, and the Nouvelle Epoque restaurant earned a Five-Star award.
  • View the full release here: https://www.businesswire.com/news/home/20240208562815/en/
    The Okura Tokyo received the five-star hospitality rating for the second year in a row.
  • This is the first year for Forbes Travel Guide to launch its restaurant rating system in Japan.
  • “This year’s Star Awards reflects the forecasted surge in demand for more thrilling travel experiences,” says Amanda Frasier, President of Ratings for Forbes Travel Guide.

Firan Technology Group Corporation (“FTG”) Announces Full Year and Fourth Quarter 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024

For FTG in 2023, overall sales increased by $45.6M or 51% from $89.6M in 2022 to $135.2M in 2023.

Key Points: 
  • For FTG in 2023, overall sales increased by $45.6M or 51% from $89.6M in 2022 to $135.2M in 2023.
  • The newly acquired Circuits segment sites in Minnetonka, MN and Haverhill, MA contributed $22.9M to FTG’s sales in the final seven months of 2023.
  • The average foreign exchange rate in 2023 was 4% (6 cents) higher than in 2022, with a positive impact on sales of $3.7M.
  • In the fourth quarter, sales were $40.0M, an increase of $16.2M or 68% over Q4 2022.

Kimpton Seafire Resort + Spa Named Five-Star Hotel In Forbes Travel Guide's 2024 Star Awards For Second Year In A Row

Retrieved on: 
Wednesday, February 7, 2024

GRAND CAYMAN, Cayman Islands, Feb. 7, 2024 /PRNewswire/ -- Forbes Travel Guide ("FTG"), the only global rating system for luxury hotels, restaurants, spas and ocean cruises, today announced its 2024 Star Awards — and Kimpton Seafire Resort + Spa has earned its second consecutive Forbes Travel Guide Five-Star award. The resort's achievement is underscored by its outstanding Spa At Seafire, which has also earned the coveted Forbes Five-Star rating. This dual recognition elevates Kimpton Seafire Resort + Spa to a remarkable 10-Star property and sets it apart as one of the only Forbes Five-Star spas in the Cayman Islands.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Feb. 7, 2024 /PRNewswire/ -- Forbes Travel Guide ("FTG"), the only global rating system for luxury hotels, restaurants, spas and ocean cruises, today announced its 2024 Star Awards — and Kimpton Seafire Resort + Spa has earned its second consecutive Forbes Travel Guide Five-Star award.
  • The resort's achievement is underscored by its outstanding Spa At Seafire, which has also earned the coveted Forbes Five-Star rating.
  • This dual recognition elevates Kimpton Seafire Resort + Spa to a remarkable 10-Star property and sets it apart as one of the only Forbes Five-Star spas in the Cayman Islands.
  • "This year's Star Awards reflects the forecasted surge in demand for more thrilling travel experiences," says Amanda Frasier, President of Ratings for Forbes Travel Guide.

Melco continues lead among integrated resorts in Asia with the greatest number of stars attained in 2024 Forbes Travel Guide

Retrieved on: 
Wednesday, February 7, 2024

MACAU, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s various hotels, restaurants and spas across its portfolio in Asia have been honored by 2024 Forbes Travel Guide (FTG), with the Company continuing its lead among integrated resorts in Asia with the greatest number of stars achieved.

Key Points: 
  • MACAU, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s various hotels, restaurants and spas across its portfolio in Asia have been honored by 2024 Forbes Travel Guide (FTG), with the Company continuing its lead among integrated resorts in Asia with the greatest number of stars achieved.
  • The renowned FTG star rating service and online travel guide bestowed Melco a total of 16 Five-Star awards across the Company’s properties which include City of Dreams, Studio City, Altira Macau and City of Dreams Manila.
  • Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, “Thank you to FTG for this great honor.
  • The recognition underlines Melco’s ongoing commitment to providing guests with the most memorable world-class hospitality experiences across our global portfolio of integrated resorts.