CGV and Lotte Cinema See Revenue Growth and Loss Reduction: Path to Profitability in H2
South Korea’s major multiplex theater chains, CJ CGV and Lotte Cultureworks, are tracking a significant financial recovery through the mid-point of the year, driven by a combination of surging blockbuster ticket sales and severe nationwide heatwaves that have pushed consumers indoors. According to financial industry data and corporate disclosures reported by local media, both companies … Read more