Fosun Tourism Culture (01992) rose more than 6% in the intraday period. As of press release, it was up 5.7% to HK$3.34, with a turnover of HK$8.554,200.
The Zhitong Finance App learned that Fosun Tourism Culture (01992) had an intraday increase of more than 6%. As of press release, it had risen 5.7% to HK$3.34, with a turnover of HK$8.554,200.
According to the news, during the “4th China International Consumer Goods Fair”, Cao Minglong, President and Chief Operating Officer of Fosun Travel & Culture, said, “Currently, there are still two to three weeks until the May Day holiday. The number of reservations is now surging every day. The number of reservations currently in progress is also increasing compared to the same period last year. The next two weeks are the most critical time for orders to come in quickly. We are optimistic about the prospects for the May Day holiday and the operation of the entire travel market.”
According to Fosun Tourism Culture's 2023 financial report, thanks to continued recovery after the pandemic, the increase in the number of travelers and the improvement of the Group's operating efficiency, global and domestic business improved significantly. The company achieved revenue of 17.152 billion yuan (RMB, same below) during the period, an increase of 24.49% over the previous year; profit attributable to shareholders of the parent company was 307 million yuan, which turned a year-on-year loss into profit; and adjusted net profit of 395 million yuan, which turned a year-on-year loss into profit.