This speaks to the essence of this thread right now.

Wanda Cinema's earnings surge in 2014



By Kevin Ma

Mon, 13 April 2015, 09:45 AM (HKT)
Exhibition News

Wanda Media Co Ltd 萬達影視傳媒有限公司's cinema chain reported a huge surge in earnings in 2014, according to an earnings report released on Friday.

In 2014, Wanda Cinema Line Corporation 萬達電影院線股份有限公司 earned RMB5.34 billion (US$860 million) in operating revenue, representing a year-on-year rise of 32.7%. Net profits was up by 32.9%, from RMB602 million (US$97.0 million) in 2013 to RMB801 million (US$129 million) in 2014.

With a market share of 14.2%, Wanda Cinemas is the biggest cinema chain in China. With 369 new screens in 40 new cinemas in 2014, Wanda now operates 1,616 screens in 182 cinemas across the nation.

Wanda is also the first cinema chain in China to be publicly listed. Guangzhou Jinyi Cinemas 廣州金逸電影 also applied to be listed earlier this year, but was disqualified. Shanghai Film Group Corp 上海電影集團公司 and China Film Group Corporation 中國電影集團公司 are also preparing IPOs.