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.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

PPB , GSC , outlook , 2021 Annual Report , Lim Soon Huat


Next In Business News

Etiqa, first local insurer to sign on to UN Principles for Sustainable Insurance
Yinson 4Q net profit jumps more than two-fold to RM168mil
KLCI skids while glove counters come back into focus
Kulim consolidates plantation business under Johor Plantations
Oil dips after Fed comments, U.S. crude stock build
Philippines central bank raises interest rates by 25 bps
PETRONAS inks MoU with Philippines' Phoenix Petroleum
Citigroup CEO declares 'this is not a credit crisis' after U.S. bank failures
Manufacturing sector's gross output up 17.4% in 2021
Hong Kong central bank raises policy rate after Fed hike

Others Also Read