Fosun Tourism Group Foresees Profit Growth

Fosun Tourism Group (HK:1992) has released an update.

Fosun Tourism Group anticipates a robust first half of 2024, projecting at least an 8% increase in tourism operation business volume and a minimum 10% rise in profit over the previous year, excluding one-off gains. The positive outlook is credited to the global relaxation of travel restrictions and the successful execution of the company’s strategy. However, investors are advised to be cautious as these preliminary figures have not yet been audited or confirmed.

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