Profits Rebound Forecast at Imax China Following COVID-19 Recovery

Imax’s massive China operations are forecasting a rebound into profit after previously losing money due to the COVID-19 outbreak. The separately-listed Imax China company is forecasting net profits of $19-20 million for the six months to June 2021. That compares with losses of $35 million in the first half of 2020, when cinemas in mainland […]

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