Brief: Fosun Tourism Group Sees Losses For H1

Fosun Tourism

29/04/2020 13:19

April 29 (Reuters) - Fosun Tourism Group  1992.HK :
    * FOR THREE MONTHS, BUSINESS VOLUME OF GROUP'S TOURISM
OPERATIONS
DECREASED BY ABOUT 15.9%
    * EXPECTED TO RECORD LOSSES FOR FIRST HALF OF 2020
    * RESORTS OUTSIDE MAINLAND CHINA HAVE GRADUALLY SUSPENDED
OPERATIONS SINCE LATE MARCH
    * EXPECTS THAT PANDEMIC WILL CONTINUE TO HAVE A MATERIAL
NEGATIVE
IMPACT ON BUSINESS VOLUME OF GROUP FOR HY
    * EXPECT PANDEMIC WILL CONTINUE TO HAVE A MATERIAL NEGATIVE
IMPACT
ON BUSINESS VOLUME OF GROUP FOR SIX MONTHS ENDED 30 JUNE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbFvwjs
Further company coverage:  1992.HK 

 (Reuters.Briefs@thomsonreuters.com)