THE INVESTOR

메뉴열기
March 29, 2024

[EQUITIES] ‘CJ CGV’s overseas earnings to soar’

PUBLISHED : April 25, 2017 - 16:47

UPDATED : April 25, 2017 - 16:47

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • sms

[THE INVESTOR] CJ CGV’s overseas earnings will surge, particularly in China, said Shinhan Financial Investment on April 25, raising the target price to 115,000 won (US$102.22) from 105,000 won and maintaining a “buy” recommendation. 




The cinema chain’s operating profit in 2017 will hike 45 percent on-year to 102 billion won, boosted by the improved revenue from China, Vietnam and Turkey, estimated analyst Seong Jun-won. 

Operating profit in the domestic market will slip but will rise drastically in China, as a series of Hollywood movies will be released until August, said the analyst. Its unique 4DX technology that combines environmental effects with four-dimensional viewing is also expanding, noted Seong. 

By Hwang You-mee (glamazon@heraldcorp.com)

  • 페이스북
  • sms
최상단으로
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.