GSC owner optimistic of recovery, targets to introduce 50 new screens

KUALA LUMPUR: PPB Group Bhd (PPB), the owner of Golden Screen Cinemas Sdn Bhd (GSC) is optimistic that lifting of movement controls, relaxation of social restrictions and a strong line-up of movie blockbusters would boost cinema admissions.

In the group’s 2021 annual report filed with Bursa Malaysia today, the group anticipates its film exhibition and distribution segment to deliver better financial results on a year-on-year basis as the recovery momentum picks up in 2022.