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Fosun's Global Revenue Hits RMB192B: Overseas Business Surges Despite Net Loss

In 2024, Fosun International, led by Chairman Guo Guangchang, achieved a total revenue of RMB192.14 billion, despite experiencing a RMB4.35 billion loss attributable to owners of the parent, primarily due to a one-off non-cash loss.
Fosun's growth was propelled by its four core subsidiaries – Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group – which contributed RMB134.65 billion, or 70.1%, to the group's total revenue, and its overseas revenue increased by 6.2% to account for 49.3% of the total.
Supporting its global operations, Fosun invested approximately RMB6.9 billion in technology innovation and maintained a solid financial position with cash, bank balances, and term deposits amounting to RMB106.34 billion, while also returning to the offshore USD bond market in November 2024 and achieving an internal rate of return of nearly 14% on the sale of its equity interest in HAL.
Chairman Guo Guangchang emphasized that a "clear strategic focus and robust industrial operational capabilities are the key to driving Fosun's long-term steady development" and that the company is well-prepared to tackle challenges through "strategic advancements and exits".
Demonstrating its commitment to sustainability and global expansion, Fosun launched the "Create IMPACT" sustainable development strategy in 2024, maintained an MSCI ESG rating of AA, ranked in the top 5% among global peers in S&P Global's Corporate Sustainability Assessment , and showcased the Yuyuan Garden Lantern Festival in Hanoi, Vietnam, in January 2025 to commemorate 75 years of diplomatic relations between China and Vietnam.

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Rutland Herald

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Fosun International Announces 2024 Annual Results: Total Revenue Reaches RMB192.14 Billion, Industrial Operation Profit Amounts to RMB4.9 Billion, Overall Operational Fundamentals Remain Stable

2024 Annual Results Highlights:

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The AI Journal

Guo Guangchang's Letter to Shareholders: Fosun International Pursues Progress through "Strategic Advancements and Exits"

HONG KONG, March 31, 2025 /PRNewswire/ — Guo Guangchang, Chairman of Fosun International Limited (HKEX: 0656), issued a letter to its shareholders on 30 March, outlining the Company’s strategic direction, accomplishments, and future plans. Dear shareholders, The year 2024 concluded successfully, thanks to the collective efforts of all Fosuners. Looking back on the past year, we sustained steady growth momentum and demonstrated robust resilience …

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Business Fast

Fosun International Announces 2024 Annual Results: Total Revenue Reaches RMB192.14 Billion, Industrial Operation Profit Amounts to RMB4.9 Billion, Overall Operational Fundamentals Remain Stable - Business Fast

Fosun International Announces 2024 Annual Results: Total Revenue Reaches RMB192.14 Billion, Industrial Operation Profit Amounts to RMB4.9 Billion, Overall Operational Fundamentals Remain Stable READ SOURCE The post Fosun International Announces 2024 Annual Results: Total Revenue Reaches RMB192.14 Billion, Industrial Operation Profit Amounts to RMB4.9 Billion, Overall Operational Fundamentals Remain Stable first appeared on Business Fast.

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stocktitan.net

Fosun's Global Revenue Hits RMB192B: Overseas Business Surges Despite Net Loss

Strong RMB106B cash position and successful USD bond market return highlight Fosun's financial stability. Strategic divestments worth RMB30B strengthen outlook. Full analysis inside.

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Macau Business

Fosun International's total revenue in 2024 will be RMB 192.14 billion, and its industry operating profit will be RMB 4.9 billion

HONG KONG, March 30, 2025 /PRNewswire/ -- On March 30, 2025, Fosun International Limited (00656. HK) announced its 2024 annual results. During the reporting period, the Group's total revenue was RMB 192.14 billion, of which the four core subsidiaries, Yuyuan Group, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group, had a total revenue of RMB 134.65 billion, accounting for 70.1% of the Group's total revenue, with a solid asset base. …

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