CJ CGV Reports Operating Loss of 62.8 Billion KRW in Q1, Reduces Deficit Margin

[Asia Economy Reporter Kim Ji-hee] CJ CGV announced on the 7th that its consolidated operating loss for the first quarter of this year was recorded at 62.8 billion KRW. The deficit narrowed compared to the same period last year.

Sales amounted to 172.5 billion KRW, a decrease of 29.1% compared to the same period last year. The net loss was 106.8 billion KRW.