CJ CGV Reports Q2 Operating Loss of 16.2 Billion KRW, Down 72% Year-on-Year

[Asia Economy Reporter Lee Jung-yoon] CJ CGV announced on the 5th that its consolidated operating loss for the second quarter of this year was preliminarily estimated at 16.163 billion KRW, a 71.77% decrease compared to the same period last year.

During the same period, sales increased by 96.97% to 318.46 billion KRW, and net loss for the period decreased by 28.55% to 73.751 billion KRW, according to preliminary estimates.