HONG KONG (Indonesia Today) – Diversified business group Fosun International Limited saw its net profit plunged 54% to RMB1.55 billion in the first half of 2012.

The group reported sales revenue of RMB25.73 billion in the first half ended June 30, 2012, flat compared to RMB25.57 billion in the same period last year. Pharmaceuticals and healthcare reported positive growth, but steel and mining divisions recorded substantial drop.