PPB Group bullish on cinema ops, to reenter JB market

Koh Mei Lee CEO of Golden Screen Cinemas Sdn Bhd

KUALA LUMPUR: PPB Group Bhd is bullish on its cinema operations saying that this division could likely outperform what was achieved last year.

According to PPB unit Golden Screen Cinemas Group's chief executive officer Koh Mei Lee, this business could do better given that it plans to expand with more outlets this year and with the pipeline of movie titles coming up for the rest of the year.

"All our cinemas are profitable and we are looking forward to reentering the Johor market once again with the planned opening of our screens in Paradigm JB with 16 screens.  We were there before but we're now coming back," she said.

She said the segment's performance will largely be influenced by the number and quality of movie titles that are released and this year there is some 400 titles planned for release.

"This is about seven to eight titles being released every week," Koh said.
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