Wanda Cinema Line 2016 Revenue Increases by 40%

31.03.2017

On March 31, Wanda Cinema Line published 2016 Annual Results. In 2016, the Company’s revenue increased 40% compare to same period last year to RMB 11.2 billion.

Net Profit increased 15% on a year-on-year basis to RMB 1.37 billion. Both revenue and net profit achieved sustained growth.

Annual box office and viewership reached a record high of RMB 7.6 billion and of 0.18 billion respectively.

The company’s market share in 2016 was 13.6%.

The figures for box office, viewership and market share lead the country for the 8th consecutive year.
 

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