Fosun Tourism Group on Thursday (19 August) posted a half-year loss (six months to 30 June) of some 2.065 billion yuan, approximately £233 million.
This is more than double the 997 million yuan (£113 million) loss it reported during the same period last year. Total revenue, meanwhile, fell from 4.527 billion yuan (£510 million) to 2.781 billion (£310 million).
"Due to the continued spread of novel coronavirus (Covid-19) since the first half of 2021, various countries have taken stringent travel restrictions which significantly and negatively impacted the resort operations of the group," said Fosun in a trading update.
