Cinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFECinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFE
Cinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFE

Wang Jianlin-controlled Wanda Film flags first-half loss of up to US$228 million as coronavirus pandemic keeps cinemas shut

  • Over 600 theatres of China’s biggest cinema chain operator in the mainland have been shut since January
  • The pandemic is expected to cause box office revenue losses of US$4.3 billion this year in the world’s second largest cinema market

Topic |   China economy
Cinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFECinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFE
Cinemas have remained closed in China since late January due to the Covid-19 epidemic. Photo: EPA-EFE
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