The net profit of Dadi Cinema increased by 435.94% in the first half of the year, which was the second largest in the country.

as of June 30, 2016, the company's box office revenue was 2 billion yuan, an increase of 24.3% over the same period last year, accounting for 8.1% of the national box office, ranking second in the country. 64.38 million people went to the cinema, an increase of 29.7% over the same period last year, ranking second in the country.

the 2016 semi-annual report released recently, according to the report, the company's revenue during the reporting period was 871 million yuan, an increase of 23.95% over the same period last year; the net profit belonging to shareholders of the listed company was 23.7572 million yuan, an increase of 435.94% over the same period last year; basic earnings per share was 1.32 yuan, an increase of 200.00% over the same period last year.

at the same time, the report said that Dadi Cinema accounted for 8.1% of the national box office in the first half of the year, ranking second in the country at the box office; 64.38 million people went to the cinema, an increase of 29.7% over the same period last year, ranking second in the country. The number of screenings reached 34.58 million, an increase of 38.4% over the same period last year, with an average attendance of 21 people. In the first half of 2016, the company added 50 new studios and 311 new screens. As of June 30, 2016, the company has opened 643 cinemas and 3290 screens, distributed in 29 provinces, autonomous regions and municipalities directly under the Central Government, with the largest number of cinemas and screens in the country.

on March 31, 2016, Earth Cinema obtained a letter issued by the National small and medium-sized Enterprises share transfer system Co., Ltd. on approving the listing of Guangdong Dadi Cinema Line Co., Ltd. in the national share transfer system for small and medium-sized enterprises. On April 25, 2016, the company was officially listed in the national share transfer system for small and medium-sized enterprises. On June 29, 2016, the company held a listing ceremony in the national share transfer system for small and medium-sized enterprises.

Dadi Cinema Line said that this year, the overall growth rate of the box office market has slowed down, the concentration of the production and distribution industry is getting lower and lower, and the cinema distribution business has been affected to a certain extent. In the future, cinemas will seek a new in-depth cooperation model and conduct multi-dimensional cooperation with upstream issuers to improve the box office level. At the same time, the company plans to introduce strategic investors, further consolidate financial strength, speed up the expansion of joining cinemas and seek to extend the film and television production and distribution business in the upper reaches of the film industry chain, and try a variety of value-added services to enrich the profit model. In the case of cinema construction in key first-and second-tier cities gradually saturated, cinema investment gradually flows to third-and fourth-tier cities, and the urban distribution level of cinemas begins to sink. The earth cinema line has long taken the lead in "sinking". At present, the box office output of the earth cinema line is concentrated in second -, third-and fourth-tier cities. In addition to first-tier cities, the earth cinema line has 601 cinemas, accounting for about 93.5% of the total number of cinemas in the country. Dadi Cinema Line adheres to the market strategy of focusing on the development of second -, third-and fourth-tier cities, which puts Dadi Cinema in a favorable strategic position.

the report says that in recent years, it is necessary to speed up the integration of cinema lines, expand the scale of them, encourage cross-provincial chains as the leader, closely integrate them in the way of asset connection, broaden financing channels, expand the scale of operation, and transform the capital structure in different forms. The integration of the film industry chain has become the mainstream trend. Cinema companies with stable cash flow and strong channel advantages are expected to form a strong synergy with high-quality content in order to achieve obvious competitive advantage. Dadi Cinema Line will carry out investment and mergers and acquisitions of key cinema projects in the future to adapt to new market changes and open a new business model.

< strong > main accounting data and key indicators for the first half of 2016 < / strong >

1, profitability

< strong > Yien collates and publishes according to public information and media reports < / strong >

Editor: nancy