Wolves owner Fosun International has reported growth in turnover for the first half of 2024.
Overseas revenue for the Chinese group, including Wolves, was 47 per cent of total revenue at £4.88bn.
Chairman Guo Guangchang said:"In the first half of the year, although the macro environment remained challenging, we continued to resolutely execute our strategy of focusing on core businesses, developing industry-leading companies and products in the industries where we have formed advantages. The company maintained its strategic focus on core businesses, innovation, and globalization while optimizing its asset portfolio and reducing leverage. Fosun aims to continue developing industry-leading companies and products in its advantageous sectors.
Mr Guangchang added:"Fosun will continue to focus on its core businesses, enhance its operational capabilities in advantageous industries, actively invest and expand in advantageous sectors, make forward-looking plans, and seize more development opportunities with its asset-light operation capabilities.
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