Date
17 December 2017

Enlight Media eyes 4 bln cinema ticket sales to 2015, paper says

Beijing Enlight Media Co. Ltd. (300251.CN) is targeting 4 billion yuan (US$650 million) in cinema box office sales in the period to the Lunar New Year holiday next year, Shanghai Securities News reported Monday, citing chairman Wang Changtian. The company posted 2.37 billion yuan in box office receipts in 2013 and expects ticket sales to grow 20-30 percent annually in the coming years, Wang was quoted as saying. It plans to screen 15 movies this year. The stock was suspended on Monday morning, pending an announcement, the report said.

– Contact HKEJ at [email protected]

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