{"id":20861,"date":"2025-04-01T16:43:28","date_gmt":"2025-04-01T09:43:28","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=20861"},"modified":"2025-04-01T16:43:28","modified_gmt":"2025-04-01T09:43:28","slug":"fosun-international-reports-total-revenue-of-rmb-192-14-billion-and-industrial-operation-profit-of-rmb-4-9-billion-in-2024","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=20861","title":{"rendered":"Fosun International Reports Total Revenue of RMB 192.14 Billion and Industrial Operation Profit of RMB 4.9 Billion in 2024"},"content":{"rendered":"

HONG KONG<\/span><\/span>, April 1, 2025<\/span><\/span> \/PRNewswire\/ — On 30 March 2025,\u00a0Fosun International Limited (HKEX stock code: 00656) announced its annual results for the year 2024. During the period, the Group’s total revenue reached RMB192.14 billion<\/span>. Its four core subsidiaries \u2013\u00a0Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group \u2013 generated a total revenue of RMB134.65 billion<\/span>, accounting for 70.1% of the Group’s total revenue, supported by a solid asset base.<\/p>\n

In 2024, the Group’s industrial operation profit reached RMB4.9 billion<\/span>, demonstrating stable operational fundamentals. Excluding one-off effect, the profit attributable to owners of the parent amounted to RMB0.75 billion<\/span>.<\/p>\n

During the period, the Group’s overseas revenue grew 6.2% year-on-year, increasing the proportion of overseas revenue to 49.3% of total revenue. Global operations have become a new growth engine for Fosun. The Group’s investment in technology innovation amounted to around RMB6.9 billion<\/span>. It has established more than 20 global technology innovation centers, covering various industries and fields.<\/p>\n

In 2024, Fosun’s operating cash flow remained healthy and stable. The signed asset divestment amounted to approximately RMB17.5 billion<\/span> equivalent at the group level, and approximately RMB30.0 billion<\/span> equivalent at the consolidated level. In November 2024<\/span>, after an absence of three years, Fosun returned to the offshore USD bond market and successfully issued long duration USD bonds. The international credit rating agency S&P fully recognized the Group’s steady improvement in credit matrix, and reaffirmed the BB- rating and a stable credit outlook.\u00a0<\/p>\n

Guo Guangchang, Chairman of Fosun International, stated, “We believe that the clear strategic focus and robust industrial operational capabilities are the key to driving Fosun’s long-term steady development. Looking ahead, we will further deepen our focus on core industries. By leveraging our globalization and innovation capabilities, we believe that we can create long-term, stable value for our shareholders, even in a challenging environment.”<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

HONG KONG<\/span><\/span>, April 1, 2025<\/span><\/span> \/PRNewswire\/ — On 30 March 2025,\u00a0Fosun International Limited (HKEX stock code: 00656) announced its annual results for the year 2024. During the period, the Group’s total revenue reached RMB192.14 billion<\/span>. Its four core subsidiaries \u2013\u00a0Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group \u2013 generated a total revenue of RMB134.65 billion<\/span>, accounting for 70.1% of the Group’s total revenue, supported by a solid asset base.<\/p>\n

In 2024, the Group’s industrial operation profit reached RMB4.9 billion<\/span>, demonstrating stable operational fundamentals. Excluding one-off effect, the profit attributable to owners of the parent amounted to RMB0.75 billion<\/span>.<\/p>\n

During the period, the Group’s overseas revenue grew 6.2% year-on-year, increasing the proportion of overseas revenue to 49.3% of total revenue. Global operations have become a new growth engine for Fosun. The Group’s investment in technology innovation amounted to around RMB6.9 billion<\/span>. It has established more than 20 global technology innovation centers, covering various industries and fields.<\/p>\n

In 2024, Fosun’s operating cash flow remained healthy and stable. The signed asset divestment amounted to approximately RMB17.5 billion<\/span> equivalent at the group level, and approximately RMB30.0 billion<\/span> equivalent at the consolidated level. In November 2024<\/span>, after an absence of three years, Fosun returned to the offshore USD bond market and successfully issued long duration USD bonds. The international credit rating agency S&P fully recognized the Group’s steady improvement in credit matrix, and reaffirmed the BB- rating and a stable credit outlook.\u00a0<\/p>\n

Guo Guangchang, Chairman of Fosun International, stated, “We believe that the clear strategic focus and robust industrial operational capabilities are the key to driving Fosun’s long-term steady development. Looking ahead, we will further deepen our focus on core industries. By leveraging our globalization and innovation capabilities, we believe that we can create long-term, stable value for our shareholders, even in a challenging environment.”<\/p>\n

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