From The Canadian Press —- CINEXPLEX INC. reported a first-quarter loss of $42-2 million, as its revenue soared up with customers returning to movie theatres. CEO Ellis Jacob put it this way: “Operating restrictions have now been completely lifted across theatres.
And customers are returning. They’re seeing positive results and momentum across business lines. Revenue totaled $228-7 million, up from $41-4 million in the first three months of 2021.”
I’d say that’s an amazing improvement!