Brief: Fosun Tourism Group Estimates Loss Attributable In H1 Will Be RMB850 Mln To RMB1 Bln

Fosun Tourism

24/07/2020 15:42

July 24 (Reuters) - Fosun Tourism Group  1992.HK :
    * ESTIMATED LOSS ATTRIBUTABLE IN FIRST HALF WILL BE RMB850
MILLION
TO RMB1 BILLION
    * EXPECTED RESULT DUE TO OPERATING LOSS OF GROUP'S RESORT
OPERATIONS
    * EXPECTED THAT 25 CLUB MED RESORTS WILL RE-OPEN BY 31 JULY
    * RESULTS FOR SECOND HALF OF 2020 MAY ALSO RECORD A LOSS
    * AS OF 30 JUNE, GROUP HAS CASH & CASH EQUIVALENTS OF ABOUT
RMB6.2
BILLION

Source text for Eikon:  ID:nHKSbZNp8D 
Further company coverage:  1992.HK 

 ((Reuters.Briefs@thomsonreuters.com;))