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IMAX China Holding Inc (1970.HK)

1970.HK on Hong Kong Stock

18.54HKD
16 Jul 2019
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Latest Key Developments (Source: Significant Developments)

CGV Holdings Ltd And IMAX Expand Partnership With New 40-Theatre Deal In China
Tuesday, 16 Jul 2019 

July 16 (Reuters) - IMAX China Holding Inc <1970.HK>::CGV HOLDINGS LIMITED AND IMAX EXPAND PARTNERSHIP WITH NEW 40-THEATRE DEAL IN CHINA.IMAX CORP - WITH NEW AGREEMENT, CGV NOW HAS MORE THAN 170 IMAX THEATRES IN OPERATION OR CONTRACTED TO OPEN ACROSS CHINA, VIETNAM AND SOUTH KOREA.IMAX CORP - UNDER AGREEMENT, CGV AND IMAX WILL OPEN NEW SYSTEMS PRIMARILY IN TIER 1 AND TIER 2 CHINESE MARKETS UNDER A JOINT VENTURE/REVENUE SHARE MODEL.IMAX - UNDER AGREEMENT CGV, CO WILL OPEN NEW SYSTEMS IN ADDITIONAL TIER 3 TO 5 MARKETS UNDER HYBRID MODEL REQUIRING NO NET CAPITAL COMMITMENT FROM CO.IMAX CORP - ADDITIONAL TERMS WERE NOT DISCLOSED..  Full Article

Imax Corp Reports Q1 Earnings Per Share Of $0.13
Friday, 26 Apr 2019 

April 26 (Reuters) - Imax Corp ::ORATION REPORTS FIRST-QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.18.Q1 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE $0.13.QTRLY REVENUES OF $80.2 MILLION.QTRLY GROSS BOX OFFICE FROM IMAX DMR® FILMS WAS $256.3 MILLION IN Q1 OF 2019 COMPARED TO $246.9 MILLION IN Q1 OF 2018.QTRLY GROSS MARGIN ACROSS ALL SEGMENTS IN Q1 OF 2019 WAS $45.1 MILLION, OR 56.3% OF TOTAL REVENUES.RAISES FULL-YEAR 2019 BOX OFFICE GUIDANCE.WITH A ROBUST LINEUP OF TENTPOLE FILMS AHEAD, LIKE AVENGERS: ENDGAME, ANTICIPATE DELIVERING STRONGEST BOX OFFICE YEAR EVER IN 2019.CURRENTLY ANTICIPATES IMAX GLOBAL BOX OFFICE WILL SEE LOW-DOUBLE DIGIT PERCENTAGE GROWTH IN 2019, COMPARED TO 2018.DOMESTIC IMAX PRE-SALES FOR AVENGERS: ENDGAME STAND AT $21 MILLION, UP 70% COMPARED TO AVENGERS: INFINITY WAR.THEATER BUSINESS SEGMENT REVENUES WERE $30.3 MILLION IN QUARTER, COMPARED WITH $35.0 MILLION IN PRIOR-YEAR PERIOD.THERE WERE 571 THEATERS IN BACKLOG AS OF MARCH 31, 2019, COMPARED TO 529 IN BACKLOG AS OF MARCH 31, 2018."AVENGERS: ENDGAME DELIVERS BIGGEST IMAX OPEN EVER IN CHINA".IMAX - . IN ITS FIRST TWO DAYS, RELEASE OF AVENGERS: ENDGAME IN CHINA, INCLUDING MIDNIGHTS, FILM GENERATED OVER $21 MILLION OF IMAX BOX OFFICE.  Full Article

Imax ‍Signs 30 Theatre Agreement With Guangzhou Jinyi Media Corp In China​
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Imax Corp - ‍Signs 30 ::THEATRE AGREEMENT WITH GUANGZHOU JINYI MEDIA CORPORATION IN CHINA​.‍THEATRES ARE EXPECTED TO OPEN BEGINNING THIS YEAR THROUGH 2023 WITH APPROXIMATELY HALF TO BE INSTALLED BY 2019​.‍AGREEMENT BRINGS TO 885, IMAX'S TOTAL NUMBER OF CONTRACTED THEATRES IN GREATER CHINA WITH 543 OPEN AND 342 CONTRACTED TO OPEN​.  Full Article

Imax China Holding Says FY Adjusted Profit $‍45.9​ Mln
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Imax China Holding Inc <1970.HK>::FY TOTAL REVENUE $126.5‍​ MILLION VERSUS $118.5 MILLION.‍RECOMMENDS FINAL DIVIDEND OF $0.04 PER SHARE​.FY ADJUSTED PROFIT $ ‍45.9​ MILLION VERSUS $37.6 MILLION.EXPECTS TO INSTALL APPROXIMATELY 105 NEW THEATRES FOR YEAR 2018​.‍EXPECTS 2018 SALES, GENERAL & ADMINISTRATIVE EXPENSES, EXCLUDING SHARE-BASED COMPENSATION TO GROW ROUGHLY 9%​.  Full Article

Imax China Holding says HY net profit $16.5 mln
Thursday, 27 Jul 2017 

July 27 (Reuters) - Imax China Holding Inc <1970.HK>:Board has recommended that no interim dividend be paid in respect of six months ended 30 June 2017..HY total revenue $51.6 million versus $55.1 million.HY profit for the period attributable to owners of the co $16.5 million versus $17.7 million.  Full Article