CJ CGV Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:07 am EST
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CJ CGV Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 292,088.93 million compared to KRW 292,249.49 million a year ago. Net income was KRW 19,449.55 million compared to net loss of KRW 29,407.11 million a year ago. Basic earnings per share from continuing operations was KRW 443 compared to basic loss per share from continuing operations of KRW 658 a year ago. Diluted earnings per share from continuing operations was KRW 443 compared to diluted loss per share from continuing operations of KRW 658 a year ago. Basic earnings per share was KRW 443 compared to basic loss per share of KRW 658 a year ago.
For the nine months, sales was KRW 879,826.94 million compared to KRW 689,368.96 million a year ago. Net loss was KRW 60,800.35 million compared to KRW 188,887.35 million a year ago. Basic loss per share from continuing operations was KRW 1,431 compared to KRW 4,868 a year ago. Diluted loss per share from continuing operations was KRW 1,431 compared to KRW 4,868 a year ago. Basic loss per share was KRW 1,431 compared to KRW 4,868 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. 
