CJ CGV Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:22 am
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CJ CGV Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 32,618.12 million compared to KRW 30,342.76 million a year ago. Net loss was KRW 60,102.87 million compared to KRW 84,509.01 million a year ago. Basic loss per share from continuing operations was KRW 1,622 compared to KRW 2,867 a year ago. Diluted loss per share from continuing operations was KRW 1,622 compared to KRW 2,867 a year ago. Basic loss per share was KRW 1,622 compared to KRW 2,867 a year ago.
For the six months, sales was KRW 58,513.42 million compared to KRW 49,120.99 million a year ago. Net loss was KRW 159,480.23 million compared to KRW 176,339.24 million a year ago. Basic loss per share from continuing operations was KRW 4,210 compared to KRW 5,618 a year ago. Diluted loss per share from continuing operations was KRW 4,210 compared to KRW 5,618 a year ago. Basic loss per share was KRW 4,210 compared to KRW 5,618 a year ago.
CJ CGV Co Ltd is a Korea-based company mainly engaged in the operation of the movie theaters. The Company operates theaters to provide entertainment platform linked to shopping, dining and entertainment. Movie theaters include general movie theaters, as well as format theaters such as CINE de CHEF, Gold Class, 4DX, image max (IMAX) theaters. The Company is engaged in the sale of tickets, screen advertisements, equipment, as well as the operation of snack bars. In addition, the Company is involved of the consignment operation of the sites. The Company operates movie theaters within the domestic market and to overseas markets, including China, Turkey, Vietnam, Indonesia, Myanmar and America.