CJ CGV Reports Operating Loss of 76.8 Billion KRW Last Year... Reduced Deficit Margin

CJ CGV announced on the 8th that its consolidated operating loss for last year was 76.8 billion KRW, a decrease in the deficit compared to the previous year (241.1 billion KRW), according to a preliminary report.

Sales increased by 74.0% year-on-year to 1.2813 trillion KRW. Net loss was 214.5 billion KRW, reducing the deficit.

CJ CGV stated, "As sales increased following the recovery trend from the pandemic (global outbreak), we achieved improved operating losses."