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Sars Knocks 5 Percent off Thai Cinema Operator's Revenue.

Bangkok Post (Bangkok, Thailand)

| June 11, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Jun. 11--Movie operator Major Cineplex has said that the Sars outbreak only caused a 5 percent fall in second-quarter revenues and forecast an industry-wide pick up in the second half.

"Sars has had only a short-term effect on the movie business. Regardless, we expect our performance to be on target, with the second half gaining strongly with the upcoming release of new Thai and Hollywood blockbusters," president Vicha Poolvaraluck said.

He declined to offer details on the company's performance for the quarter, as they must be disclosed to the stock market first.

Major Cineplex reported first-quarter profits ...

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