The latest update is out from Fosun International ( (HK:0656) ).
Shanghai Yuyuan Tourist Mart, a subsidiary of Fosun International, reported a significant decline in its 2024 financial performance. The company’s revenue decreased by 19.30% compared to the previous year, and its net profit attributable to shareholders plummeted by 93.81%. These results highlight challenges in the company’s operations and could impact its market positioning and stakeholder confidence.
More about Fosun International
Fosun International Limited is a diversified conglomerate with a focus on various industries, including tourism, healthcare, and finance. One of its subsidiaries, Shanghai Yuyuan Tourist Mart (Group) Co., Ltd., operates in the tourism and retail sectors and is listed on the Shanghai Stock Exchange.
Average Trading Volume: 740
Technical Sentiment Signal: Buy
Current Market Cap: $4.51B
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