Orange Sky Golden Harvest, the pan Asian cinema operator, remains unable to make a profit in China despite booming box office.
Orange Sky Golden Harvest
Tiny Hong Kong circuit is most profitable division, while growing multiplex numbers in China extend losses.
New cinemas in mainland China are a profits drag for pan-Asia cinema group.
Golden Harvest once presided over the most powerful film production and distribution operations in Asia. The Hong Kong-based company's stars included Bruce Lee, Jackie Chan and Jet Li. But as times…
Profits take a 76% dive as pan-Asian exhibition company fumbles distribution activities
Pan-Asian cinema group points to weak distribution activities.
Profits were up by 20% in 2013. But making money from the China cinema boom is slow going.