Fosun International (HKG:0656) Chairman Guo Guangchang said he aims to double the company's operating profit in the coming years to about 10 billion yuan per year, Yicai Global reported Tuesday.
Guo did not provide a timeline for the milestone, according to Yicai.
Fosun booked operating profit of 4.9 billion yuan in 2024, according to a Sunday filing with the Hong Kong bourse.
Guo intends to attain higher operating profit by emphasizing core businesses such as healthcare and tourism, the report said.
Fosun incurred a loss of 4.35 billion yuan in 2024 compared with an attributable profit of 1.38 billion yuan a year earlier.
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