Celebs in News
Justin Bieber
Justin Drew Bieber (born March 1, 1994) is a Canadian singer, songwriter and actor. Encountered at 13 years old by talent manager Scooter Braun after he had watched the boy's YouTube cover song videos, Bieber was signed to RBMG Records in 2008. Bieber's debut EP, My World, released in late 2009, made Bieber the first artist to have seven songs from a debut record chart on the Billboard Hot 100.
Related Rumors
China Hong Kong city Hong Kong Covid-19 2020 information China Hong Kong city Hong Kong

Profits Rebound Forecast at Imax China Following COVID-19 Recovery

Reading now: 102
variety.com

Patrick Frater Asia Bureau ChiefImax’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 China and Hong Kong were mostly closed.The information was contained in a positive profit alert notice filed by Imax China on Monday to the Hong Kong Stock Exchange.Mainland Chinese cinemas began to reopen in July 2020 and most were allowed to operate with 75% capacity from late September.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA