OTC:FOSUF

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

Retrieved on: 
星期二, 四月 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: 
星期二, 四月 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 Management on 2023 Annual Results: Focusing on Core Industries with Established Advantages

Retrieved on: 
星期五, 三月 29, 2024

Our core strategy revolves around directing our efforts towards enterprises where we have already established advantages.

Key Points: 
  • Our core strategy revolves around directing our efforts towards enterprises where we have already established advantages.
  • We used to "prospecting" and "exploration" across various industries and locations worldwide, and now we have evolved to 'deep mining' and 'developing good mines'.
  • Looking ahead, amidst all uncertainties, we must rely on our own stronger capabilities and greater certainty to navigate challenges."
  • Meanwhile, Fosun has continued to optimize its debt structure and strengthen liquidity management to prepare for the next phase of steady development.

Guo Guangchang: "Focus on building sustainable, predictable and enterprise with stable profit growth "

Retrieved on: 
星期四, 三月 28, 2024

HONG KONG, March 28, 2024 /PRNewswire/ -- On March 28th, Fosun International Chairman Guo Guangchang said at the 2023 annual results conference, "We are even more clear that we must focus on building sustainable, predictable, and enterprise with stable profit growth.

Key Points: 
  • HONG KONG, March 28, 2024 /PRNewswire/ -- On March 28th, Fosun International Chairman Guo Guangchang said at the 2023 annual results conference, "We are even more clear that we must focus on building sustainable, predictable, and enterprise with stable profit growth.
  • Looking ahead, amidst all uncertainties, we must rely on our own stronger capabilities and greater certainty to navigate challenges."
  • In 2023, Fosun continued to implement core business-focused strategy, maintain steady development and improve its operating capabilities in advantageous industries.
  • Regarding technology innovation, Guo Guangchang stated, "We need to strengthen global business development and work together with partners.

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

Retrieved on: 
星期三, 三月 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.

Fosun Family Season Concludes with Over RMB10 Billion in Sales and Booming Family Consumption

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星期一, 二月 26, 2024

This year's Fosun Family Season was held during the Chinese New Year period for the first time.

Key Points: 
  • This year's Fosun Family Season was held during the Chinese New Year period for the first time.
  • Highlights of this year's Fosun Family Season include total sales exceeding RMB10 billion, the overseas debut of Yuyuan Garden Lantern Festival, and the digital construction of Fosun Family Season.
  • With an emphasis on "stability" and even stronger emphasis on "progress" and "establishment", the highlights of this year's Fosun Family Season sent a more positive signal of high-quality development.
  • To date, this year's Yuyuan Garden Lantern Festival attracted more than 4 million visitors, and the sales performance during the holiday significantly improved.

Fosun International Included in S&P Global's Sustainability Yearbook 2024 and Recognized as Industry Mover

Retrieved on: 
星期五, 二月 9, 2024

In its 20th edition now, the annual S&P Global Sustainability Yearbook aims to distinguish individual companies, within their industries, that have demonstrated strengths in corporate sustainability.

Key Points: 
  • In its 20th edition now, the annual S&P Global Sustainability Yearbook aims to distinguish individual companies, within their industries, that have demonstrated strengths in corporate sustainability.
  • Membership was highly competitive this year; of the over 9,400 companies in 62 industries assessed in the 2023 CSA, only 759 companies are included in the 2024 Sustainability Yearbook.
  • In 2023, Fosun International was successfully included in S&P Global's Sustainability Yearbook 2023 (China Edition) and was recognized as an "Industry Mover" for its commitment and progress in ESG initiatives.
  • Therefore, Fosun was recognized as an Industry Mover by S&P Global.

Fosun's S&P Global CSA ESG score jumped significantly, its MSCI ESG rating stood at AA for three consecutive years

Retrieved on: 
星期二, 一月 9, 2024

Fosun International received an MSCI ESG rating of AA for three consecutive years and was the only conglomerate in Greater China with such rating.

Key Points: 
  • Fosun International received an MSCI ESG rating of AA for three consecutive years and was the only conglomerate in Greater China with such rating.
  • HONG KONG, Jan. 8, 2024 /PRNewswire/ -- Fosun International Limited ("Fosun International" or "Fosun", HKEX stock code: 00656) has recently received an update on its S&P Global Corporate Sustainability Assessment (CSA) score and MSCI ESG rating.
  • In addition, Fosun International received an MSCI ESG rating of AA for three consecutive years and was the only conglomerate in Greater China with such rating.
  • Fosun International received an MSCI ESG rating of AA for three consecutive years and was selected as a constituent of the MSCI CHINA ESG LEADERS 10-40 Index again, demonstrating the capital market's affirmation of Fosun's ESG management performance and long-term investment value.

Guo Guangchang's New Year's Message: Steer Through the Rapids, Believe in the Future

Retrieved on: 
星期三, 一月 3, 2024

Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.

Key Points: 
  • Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.
  • In particular, Alps Snow Live in Taicang has gained widespread attention and popularity since its opening and became an internet-famous.
  • In the future, we will combine our own characteristics, focus on these industries and further develop high value-added businesses.
  • Believe in yourself and the future in 2024.

Lanterns Light Up Shanghai and Paris, Fosun Family Season Brings Together More Than 60 Brands to Kick Off the 72-Day Festival Celebrating the Year of the Dragon

Retrieved on: 
星期一, 十二月 18, 2023

The cultural dialogue between the two cities and two gardens also kicked off the 72-day world tour of Fosun Family Season.

Key Points: 
  • The cultural dialogue between the two cities and two gardens also kicked off the 72-day world tour of Fosun Family Season.
  • Eric Jing, Chairman and CEO of Ant Group, attended the global launch as an important partner and introduced the cooperation between Alipay and Fosun during the Fosun Family Season.
  • Fosun Family Season is a major annual event for Fosun and its affiliated brands to give back to their customers.
  • The 2024 Yuyuan Garden Lantern Festival schedule was announced at the launch of Fosun Family Season.