CINEPLEX Inc (TSE:CGX) has released an update.
Cineplex Inc. has announced a 46% increase in March 2024 box office revenues, reaching $59.2 million, nearly matching pre-pandemic figures at 95% of March 2019’s performance. This growth was driven by blockbuster titles like ‘Dune: Part Two’ and ‘Kung Fu Panda 4’, and a surge in premium experience offerings, which comprised 46.1% of the month’s revenue. The company’s focus on varied content has also led to a strong showing in international film revenues, solidifying Cineplex’s market leadership.
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