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Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again
As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.
The industry's forecast for 11 movies to “compete on the same stage” is likely to surpass last year's box office of 1.3 billion
The “May Day” holiday is approaching, and the film market is booming again. A total of 11 movies have been scheduled for the May 1st edition, and the total box office (including pre-sale) of the series has exceeded 24.63 million yuan.
Universal Entertainment Culture (01046.HK): All claims and demands made by Chengdu Universal Bona against the Group and other defendants were rejected by the court
Gelonghui, April 8, 丨 Global Entertainment Culture (01046.HK) announced that the Group received a court ruling on the claim on April 3, 2024. According to the ruling, (1) all claims and demands made by Chengdu Global Bona against the Group and other defendants were rejected by the court; and (ii) Chengdu Global Bona was required to bear the processing fee of RMB 549,800. On the date of publication, the board of directors of the company confirmed that the ruling did not have any significant adverse effect on the general operation and financial situation of the Group. Shareholders and potential investors of the Company are requested to act prudently when trading the Company's securities.
In March, the box office “Off Season Is Not Light” introduced films to embrace market opportunities based on word of mouth
According to Xinhua News Agency, in the mainland China film market, March is usually a “low season” at the box office. There are no major holidays during this period, and few major production mainland films are screened.
Can 7 new movies “stir up” the Qingming Festival when the film market enters the off-season?
The Qingming Festival is coming, and 7 movies have already been screened and pre-sale has begun. Film industry insiders told the Financial Federation reporter that there is currently an adequate supply of Qingming movies and a variety of genres. Imported films may drive enthusiasm for watching movies, and there is also an opportunity for “dark horses” to be born in small stalls.
UNIVERSE ENT: INTERIM REPORT 2023/2024
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