Financial services in Japan

Steel Partners Holdings Reports Third Quarter Financial Results and Declares Quarterly Distribution on its Series A Preferred Units

Retrieved on: 
Thursday, November 9, 2023

SG&A for the nine months ended September 30, 2023 increased $95,653, or 34.1%, as compared to the same period last year.

Key Points: 
  • SG&A for the nine months ended September 30, 2023 increased $95,653, or 34.1%, as compared to the same period last year.
  • The Company's effective tax rate was (1.4)% and 29.4% for the nine months ended September 30, 2023 and 2022, respectively.
  • The fluctuations for these periods were primarily due to the changes in fair value of the Company's investment in Steel Connect.
  • As of September 30, 2023, there were approximately 969,632 common units that may yet be purchased under the Repurchase Program.

Steel Partners Holdings Reports Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, March 8, 2023

Cost of goods sold for the three months ended December 31, 2022 decreased $25.7 million, or 8.8%, as compared to the same period last year.

Key Points: 
  • Cost of goods sold for the three months ended December 31, 2022 decreased $25.7 million, or 8.8%, as compared to the same period last year.
  • The decrease was primarily due to the Diversified Industrial segment, driven by lower sales volume and the impact from the SLPE divestiture as mentioned above.
  • SG&A expenses for corporate included a gain as a result of a litigation settlement of $8.8 million in the 2021 period.
  • As of December 31, 2022, net debt totaled $47.6 million, a decrease of $177.5 million, as compared to December 31, 2021.

Fosun International has been awarded the "ESG Benchmark Awards - The ESG Leader" Award

Retrieved on: 
Tuesday, September 6, 2022

Fosun International was awarded the "ESG Benchmark Awards The ESG Leader" Silver Award in recognition of its efforts and outstanding performances in the environmental protection, social responsibility, and corporate governance aspects.

Key Points: 
  • Fosun International was awarded the "ESG Benchmark Awards The ESG Leader" Silver Award in recognition of its efforts and outstanding performances in the environmental protection, social responsibility, and corporate governance aspects.
  • While developing its businesses, Fosun emphasizes the use of ESG criteria to assess its own sustainable development capability and level.
  • In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK).
  • Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.