CJ CGV Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:11 am EST
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CJ CGV Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 43,816.97 million compared to KRW 21,549.02 million a year ago. Net loss was KRW 29,407.11 million compared to KRW 104,538.76 million a year ago. Basic loss per share from continuing operations was KRW 658 compared to KRW 2,703 a year ago. Diluted loss per share from continuing operations was KRW 658 compared to KRW 2,703 a year ago. Basic loss per share was KRW 658 compared to KRW 2,703 a year ago.
For the nine months, sales was KRW 102,330.39 million compared to KRW 70,670.01 million a year ago. Net loss was KRW 188,887.35 million compared to KRW 280,878 million a year ago. Basic loss per share from continuing operations was KRW 4,868 compared to KRW 8,321 a year ago. Diluted loss per share from continuing operations was KRW 4,868 compared to KRW 8,321 a year ago. Basic loss per share was KRW 4,868 compared to KRW 8,321 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.
CJ CGV CO., LTD. 
