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CGV Vietnam profits plummet 34%

CGV Vietnam profits plummet 34%

Cinema chain CGV Vietnam saw Q2 profits plunge 34% from 2019 (before the Covid-19 pandemic) to KRW4.2 billion ($3.16 million) despite screening several blockbusters. The unit of the Korean entertainment giant CJ CGV, however, saw revenue surging 148% to KRW39.2 billion. Several Hollywood blockbusters and the Vietnamese movie “Em va …

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