Patrick Frater Asia Bureau Chief Orange Sky Golden Harvest, the multi-territory cinema operator, Wednesday warned that it would return to losses when it reports its 2023 losses.
The announcement, made in a regulatory filing, came just days after the company denied that it was preparing to sell off its cinemas in Singapore, which represent the biggest component of its business.
The company, once known only as Golden Harvest, remain famous for its film productions of the 1970s and 1980s when Hong Kong’s film scene was the most vibrant in Asia, and as the studio behind Bruce Lee.
It sold its library to Star TV in 1993 and has not been seriously or consistently been involved in production over the past decade.
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