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Cinema chain Major Q3 profit tops forecasts
Major Cineplex Group Plc , Thailand's largest cinema chain operator, said yesterday higher sales and advertising revenues helped lift its third-quarter net profit.
Major Cineplex reported a third-quarter net profit of 157 million baht ($3.8 million), or 0.22 baht per share, topping the expectations of 135-153 million baht of three analysts.
The results compared with a net loss of 759 million baht a year earlier due to a goodwill write-off following a merger with rival EGV Entertainment last......
