Brief: Fosun Tourism Sees Losses For First Half Of 2021

Fosun Tourism

20/04/2021 16:29

April 20 (Reuters) - Fosun Tourism Group  1992.HK :
    * Q1 BUSINESS VOLUME OF GROUP'S TOURISM OPERATIONS AT
CONSTANT
EXCHANGE RATE DECREASED BY ABOUT 74.5% TO RMB1,057.5 MILLION
    * SEES COVID-19 WILL CONTINUE TO HAVE A SIGNIFICANT NEGATIVE
IMPACT ON  BUSINESS VOLUME OF GROUP FOR 6 MONTHS ENDED 30 JUNE
2021
    * THOMAS COOK ONLINE TRAVEL AGENCY BUSINESS, WHICH STARTED
TRIAL
OPERATION IN UK IN SEPT 2020, RECORDED ROBUST PERFORMANCE IN Q1
    * GROUP IS EXPECTED TO RECORD LOSSES FOR THE FIRST HALF OF
2021
    * IN Q1, THOMAS COOK CHINA AND UK ACHIEVED A CUMULATIVE
GROSS
MERCHANDISE VALUE OF ABOUT RMB163.2 MILLION

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