Naman Ramachandran Regal Cinemas owner Cineworld has recorded an operating loss of $208.9 million in its interim results for the six-month period ended June 30, 2021.
The group’s results for the period include a period of temporary closures from January to April/May 2021 due to COVID-19 restrictions and a limited film slate.
The operating losses are vastly lower compared to the same period in 2020 when the group posted a loss of $1.34 billion. Mooky Greidinger, CEO of Cineworld Group plc, said: “Despite the challenges, the actions we have taken have ensured that Cineworld has emerged a more focused business with significant liquidity and a clear vision for the future.
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