Fosun Tourism Announces 2022 Annual Results

Results Highlights: Results Highlights: HONG KONG,March 26, 2023/PRNewswire/ --Fosun Tourism Group("Fosun Tourism" or the "Group", Hong Kong Stock Exchange Stock Code: 1992), a world-leading leisure-focused integrated tourism group, announced today its annual results for the year ended31 December 2022(the "Year"). During the Year, despite the COVID variant Omicron (the "Pandemic") spreading worldwide, with major customer source countries relaxing pandemic-related travel...

China, 26/03/2023 (informazione.it - comunicati stampa - turismo)

HONG KONG , March 26, 2023 /PRNewswire/ -- ("Fosun Tourism" or the "Group", Hong Kong Stock Exchange Stock Code: 1992), a world-leading leisure-focused integrated tourism group, announced today its annual results for the year ended 31 December 2022 (the "Year"). During the Year, despite the COVID variant Omicron (the "Pandemic") spreading worldwide, with major customer source countries relaxing pandemic-related travel restrictions, the Group's business in EMEA and the Americas continued on the significant recovery track and recorded strong growth.

During the Year, the Business Volume of resorts and destination operations and tourism and leisure services and solutions (collectively "tourism operation ) (at constant exchange rate) amounted to RMB14,503 million (2021: RMB 7,853 million ), representing a 85% growth year-on-year. The Group's revenue climbed to RMB13,778 million (2021: RMB9,261 million ), increased by 49% year-on-year; Adjusted EBITDA was RMB2,345 million (2021: RMB213 million ).

Business Volume represents the aggregate sales of resort service, tourism destination operation and other tourism-related services and solutions, regardless of whether the resort is owned, leased or managed.

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