Fosun International (HK:0656) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Fosun High Technology, a subsidiary of Fosun International, reported a slight increase in total assets to 422.6 billion RMB for the nine months ending September 30, 2024. Despite a 2.5% decrease in revenue, the company saw a significant 45.2% rise in profit attributable to the owners, highlighting its resilient financial performance. Investors might find Fosun’s ability to boost profits amid declining revenue noteworthy.
For further insights into HK:0656 stock, check out TipRanks’ Stock Analysis page.