Fosun’s Yuyuan Sees Revenue and Profit Decline

Fosun International (HK:0656) has released an update.

Fosun International’s subsidiary, Shanghai Yuyuan Tourist Mart, reported a notable decline in revenue and net profit for the first nine months of 2024, with revenue dropping by 8.72% and net profit plummeting by 48.12% from the previous year. Despite these figures, the company’s total assets saw a slight increase of 1.47% compared to the end of last year.

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