After a year of ups and downs, can Fosun spark a new round of growth by continuing its strategy of “streamlining the organization and focusing on core businesses”? Fosun International released its 2022 annual results on 29 March, revealing some clear signals. Fosun International reported both growth and declines in its annual results announcement. The total revenue for the year was RMB175.39 billion, representing a year-on-year increase of 8.7%; the net profit attributable to owners of the parent was RMB0.54 billion as compared to RMB10.08 billion in the same period of 2021. The sharp decline in net profit attributable to…
Author: Marie Jones
Revenues increase by 20.2%, Net Profit jumps 48% YoY Genertec Universal Medical Group Company Limited (Universal Medical or Company; HKG: 2666) is pleased to announce annual results for the year ended 31 December 2022. In 2022, Universal Medical adhered to the “Healthy China” strategy and continued to expand its footprint in the healthcare sector. The continuous improvement in the core capacity of the hospital group, the gradual perfection of and breakthroughs in the footprint expansion of the specialty business and the health conglomerate’s units, and the smooth and stable development of the finance business all contributed to the realization of…
ISTARI, a Temasek-founded global cybersecurity firm dedicated to helping clients build cyber resilience, and Saïd Business School at the University of Oxford today revealed the findings of their joint CEO Report on Cyber Resilience. The report applies a top-management lens to cybersecurity risks and underscores the critical role CEOs play in building cyber resilience. It shares insights from thirty-seven, one-hour-long face-to-face interviews with American, Asian and European CEOs whose businesses’ average annual revenue is $12 billion, employing an average of 40,000 employees. One-third of the interviewees are from Asia. Nine of the CEOs interviewed had guided their company through a serious…
Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announces the launch of its new clean energy technology brand, Elektros Energy. Elektros Energy brand will better reflect its focus on such areas as Lithium mining, EV charging, solar energy, and innovative solutions to help accelerate the world’s transition to a cleaner and more sustainable energy future. Lithium mining is a critical component of the clean energy industry, as it is a key material used in the production of batteries for electric vehicles and renewable energy storage. Elektros Energy is committed to responsibly sourcing Lithium, ensuring that it is…
Tresorfx, a leading global investment firm, is excited to announce the launch of its new and revolutionary automated copy trading service for investors. This new service aims to help retail investors automatically copy the Tresorfx master account with their favorite brokerages and achieve similar results as the Tresorfx Exclusive Premium Account. Copy trading is a type of social trading that allows investors to automatically copy the trades of professional traders. Tresorfx’s new automated copy trading service takes this concept to the next level, offering a comprehensive platform that’s easy to use, reliable, and designed to help investors achieve their financial…
Company appealing to Prime Minister to seek redress on issue as payments owed totalling RM49.8 million by Melaka government jeopardises upkeep of UNIMEL campus accommodation Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, which has been classified as an affected listed issuer pursuant to Para 2.1(f) of Practice Note 17 (PN17) of the listing requirements of the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities), is pressuring the Melaka government for not taking action to address payments owed the Company from the Universiti Melaka (UNIMEL) project resulting in the default of an…
TOKYO & HA NOI, Mar 29, 2023 – (JCN Newswire) – JCB International Co., Ltd., (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) announced the launch of the Vietcombank JCB Platinum Credit Card. The new Vietcombank JCB Platinum card is launched to celebrate Vietcombank’s 60th anniversary. The cardholders have access the JCB acceptance network of approximately 41 million merchants around the world. From the launch date, Vietcombank implements many promotion programs and benefits for cardholders to meet the needs of this special target segment. The cardholders could…
NeutraDC, a brand of PT Telkom Data Ekosistem (TDE), has entered a Memorandum of Understanding (MOU) with China Mobile International (CMI), a subsidiary of China Mobile, one of the largest telecommunications companies in the world. According to the terms of the MOU, NeutraDC and CMI will work together to develop strategic solutions that meet the specific needs of Chinese companies in the Indonesian market. They will do this by utilizing their combined expertise and data center and network capabilities. Both companies will also explore opportunities for data center development and expansion in the region. “This partnership is an important step…
Society Pass Inc (Nasdaq: SOPA), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces the official launch of its digital advertising platform, Thoughtful Media Group Inc (TMG), in the Vietnamese market. Founded in 2010, TMG pioneered the use of multi-channel network for content creators in the Asian market. After being acquired by SOPA in July 2022, TMG has transformed into a multi-platform integrated advertising platform connecting content creators and brands. With headquarters in Bangkok, Thailand, TMG has expanded its ecosystem of integrated advertising services to include Vietnam and Indonesia. Through a network of talented creators across multiple…
The creators of a brand new cross-chain decentralized borrowing and lending protocol announce the release of their Mainnet v1. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate value for every supported NFT collection. Paribus key facts: – Initially launching on…