[Photo &] CGV Revenue Surpasses 2.2 Trillion Won... 'Special Theaters' Prove Successful with 27% Increase in Operating Profit

Record High Operating Profit in Vietnam... Continuing Growth with Anticipated Releases like 'Avengers'

CGV Cinema
CGV Cinema

CJ CGV has shown a clear recovery in performance, surpassing 2.2 trillion won in revenue last year. Operating profit soared to 96.2 billion won, a 27% increase compared to the previous year. This growth was significantly driven by the success of the special theater business, which offers differentiated experiences such as ScreenX and 4DX.

Overseas performance is also remarkable. Subsidiary CJ 4Dplex recorded a revenue of 146.4 billion won, growing by 18.8%, and particularly in Vietnam, it achieved a record high operating profit of 37.4 billion won, proving the growth potential of the Southeast Asian market.

CGV plans to aggressively expand high-profit special theaters this year, focusing on the United States and Japan. Additionally, they aim to enhance operational efficiency by introducing artificial intelligence (AI) technology from CJ OliveNetworks and strengthen their global market dominance through the 'K-Theater' strategy.

This year, the theater market is expected to become even more vibrant with the release of major films. Anticipated Korean films such as 'Humint', 'Hope', 'International Market 2', and 'Odyssey', along with Hollywood blockbusters like 'Spider-Man: Brand New Day' and 'Avengers: Doomsday', are waiting for audiences. CGV is expected to continue improving its performance through a strong content lineup and operational efficiency.

Yeouido IFC Mall CGV

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