High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

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Nabilah Muhamad 31/10/2023 14:51 WIB

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PT Nusantara Sejahtera Raya Tbk (Cinema XXI) reported revenue of Rp3.81 trillion in Q3 2023. One of the key contributors was ticket sales, which increased by 14.25% year-on-year.

Cinema XXI Revenue and Profit* Q3 (2022-2023)

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High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

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Cinema XXI Revenue and Profit* Q3 (2022-2023)

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PT Nusantara Sejahtera Raya Tbk (Cinema XXI) reported revenue of Rp3.81 trillion in Q3 2023. This figure is up 15.5% year-on-year (yoy) compared to Q3 2022, which recorded Rp3.30 trillion.

In Q3 2023, the revenue of the CNMA-coded issuer was supported by five sectors. The largest contributor was cinema ticket sales, valued at Rp2.28 trillion, a 14.25% yoy increase from the same period last year.

"More specifically, the total number of Cinema XXI viewers in the third quarter of 2023 reached 22.3 million, an increase from 20.8 million viewers in the third quarter of 2022. This surge in viewers generated a Gross Box Office (GBO) of Rp2.5 trillion as of September this year," said Cinema XXI President Director Hans Gunadi in his official statement on Friday (27/10/2023).

Food and beverage sales contributed Rp1.36 trillion in revenue, a 36% yoy increase.

However, revenue from advertising and digital platforms decreased to Rp64.3 billion (-17.61%) and Rp81.5 billion (-12.09%) respectively, year-on-year.

Revenue from events and other sources contributed Rp18.7 billion, a 17.62% yoy growth from the same period last year.

This increased revenue also caused CNMA's total expenses and costs to rise to Rp3.18 trillion, a 17.62% yoy increase compared to the same period last year, which reached Rp2.7 trillion.

Net profit attributable to the parent entity reached Rp387.9 billion in Q3 2023. This figure is up 3.3% compared to Q3 2022, which recorded Rp375.5 billion.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

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High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

High Viewership Drives Cinema XXI to Rp3.81 Trillion Revenue in Q3 2023

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