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Thai Cinema, Bowling Lane Operator Expects Revenue to Double.
Byline: Nuntawun Polkuamdee
Mar. 14--Major Cineplex Plc expects revenues in the current quarter to double from the year before, according to president Vicha Poolvaraluck.
The cinema and bowling lane operator reported a net profit of 326.3 million baht last year, compared with 83.2 million baht in 2001. Operating revenue rose 42.6 percent to 1.81 billion baht, with gross profit up 58.2 percent to 780 million baht. Cash in hand at the end of 2002 was 150 million baht, with total assets of 2.77 billion baht and liabilities of 1.76 billion.
Mr Vicha said quarter-on-quarter growth was around 23 percent, helped by the recent opening of several new ...
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Source: HighBeam Research, Thai Cinema, Bowling Lane Operator Expects Revenue to Double.