Better experience in portrait mode.

"Fantastic Income of Cinema XXI Management Only in the First 3 Months of 2024".

Dream - Dream friends who often watch movies on the big screen have ever imagined how much income is obtained by the manager of Cinema XXI theaters? With the cheapest ticket price of Rp25 thousand, depending on the location, income from ticket sales and food services alone can make you surprised. No need to bother looking for a calculator, PT Nusantara Sejahtera Raya Tbk as the manager of Cinema XXI has just released the financial performance of the company in the first quarter of 2024.

In the written statement received by Dream.co.id, Tuesday, April 30, 2024, the company with stock code CNMA on the Indonesia Stock Exchange reported revenue amounting to Rp1.3 trillion only for the first three months of this year 2024. The achievement throughout the first quarter of 2024 jumped 47.6 percent compared to the same period last year, amounting to Rp883.3 billion.

The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: "Income of trillions of rupiah has driven a 107.2 percent increase in EBITDA for Cinema XXI, equivalent to Rp382.5 billion. Meanwhile, the company's net profit reached Rp154.0 billion, jumping 701.7 percent from the same period in 2023. "We hope that Cinema XXI can become a second home to enjoy quality time with family and friends," said Cinema XXI's CEO, Suryo Suherman, expressing his appreciation to Indonesian filmmakers."

Fantastic Revenue of Cinema XXI Management in Only the First 3 Months of 2024

According to Suryo, this performance result is a synergy of strategies to increase sales and support film content that can attract audiences to come to the cinema. The selection of cinema locations during business expansion is also one of the keys to increasing sales.

Throughout the first quarter of 2024, Cinema XXI has opened 4 new cinema locations and added 19 new screens. By the end of March 2024, Cinema XXI has operated 244 cinemas with a total of 1,301 screens in 61 cities/districts. With these thousands of screens, the number of Cinema XXI viewers has increased from 13.5 million in the first quarter of 2023 to 21.1 million in the first quarter of 2024. These millions of viewers have boosted ticket revenue to Rp825.8 billion, up from Rp530.3 billion in the same period last year.

"The income from cinema ticket sales remains the largest contributor, reaching 63.4% of total revenue," said Suryo. The supporting factor that leads to double-digit income growth is innovation in the food and beverage (F&B) sector. This business line reportedly contributes 33 percent of Cinema XXI's total revenue."

The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: "Cinema XXI Director Dody Suhartono added that the increase in the number of viewers has driven a 38.3% growth in the revenue of the F&B business line, reaching Rp429.7 billion from Rp310.7 billion in the first quarter of 2023. "In the future, the company will continue to produce high-quality food and beverage products to further enhance the comfort of enjoying films at Cinema XXI cinemas," added Dody."

Fantastic Revenue of Cinema XXI Management in Only the First 3 Months of 2024

Not satisfied with the positive performance in the first three months of 2024, Cinema XXI has targeted the addition of 100 new screens in 2024 spread across Indonesia.

"Cinema XXI ensures to always provide the best and uncompromised watching experience at an affordable price for the Indonesian community," 
Suryo said.

"Dream.co.id"

Prayer When Desperate for Money, and How to Overcome It that Can Be Done

Prayer When Desperate for Money, and How to Overcome It that Can Be Done

Prayer when desperate for money becomes an important practice for us who are experiencing financial difficulties.

Read More icon-hand
Don't Wait to Get Old, Allianz Syariah Releases Products so that Young People Can Prepare for Inheritance Early

Don't Wait to Get Old, Allianz Syariah Releases Products so that Young People Can Prepare for Inheritance Early

This insurance provides financial preparation services in the form of inheritance as early as possible for the younger generation.

Read More icon-hand
The Fifth Largest Savings Collector in Indonesia, BSI Generates a Profit of Rp1.71 Trillion in the First Quarter of 2024

The Fifth Largest Savings Collector in Indonesia, BSI Generates a Profit of Rp1.71 Trillion in the First Quarter of 2024

Bank Syariah Indonesia (BSI) reported positive financial performance for the first three months of 2024

Read More icon-hand
Controversial Referee Shen Yinhao's Salary Leading the Indonesia Vs Uzbekistan Match in the Semi-finals of the 2024 Asian Cup U-23

Controversial Referee Shen Yinhao's Salary Leading the Indonesia Vs Uzbekistan Match in the Semi-finals of the 2024 Asian Cup U-23

Previously, Shen Yinhao had been the referee for the Indonesian National Team when Garuda Muda competed against Cambodia in the 2023 SEA Games

Read More icon-hand
Microsoft Boss to Make Large Investments in Indonesia, Building AI Training and Research Center

Microsoft Boss to Make Large Investments in Indonesia, Building AI Training and Research Center

Satya Nadella reveals his readiness to make large investments in Indonesia for the next four years.

Read More icon-hand
Menkominfo Leaks Content of Microsoft CEO and Jokowi's Meeting at the Palace

Menkominfo Leaks Content of Microsoft CEO and Jokowi's Meeting at the Palace

Microsoft CEO Satya Nadella met with President Joko Widodo (Jokowi) at the Presidential Palace in Jakarta

Read More icon-hand
This is the Prize for the National Team if they become the 3rd Champion of the 2024 U-23 Asia Cup

This is the Prize for the National Team if they become the 3rd Champion of the 2024 U-23 Asia Cup

The Indonesian National Team will face Iraq in the battle for the 3rd place of the 2024 Asia Cup

Read More icon-hand
Viral SLB Learning Tools Rented for Hundreds of Millions, Here's the Customs Explanation

Viral SLB Learning Tools Rented for Hundreds of Millions, Here's the Customs Explanation

Every item from abroad that enters Indonesia is generally designated as an imported item.

Read More icon-hand
Turns out Train Cleaning Takes 4 Hours, Here's the Process

Turns out Train Cleaning Takes 4 Hours, Here's the Process

Train cleaning is done every day when the train is in stabling before the operational train journey.

Read More icon-hand
How to Register for Free Electric Motor Conversion Program

How to Register for Free Electric Motor Conversion Program

This free electric motor conversion program will collaborate with the Ministry of Education and Culture and the Ministry of Research and Technology to involve a number of automotive vocational schools.

Read More icon-hand
Viral Extraordinary School Equipment Stuck Since 2022 due to Taxes, Sri Mulyani Speaks Up

Viral Extraordinary School Equipment Stuck Since 2022 due to Taxes, Sri Mulyani Speaks Up

She immediately met with the official of Soekarno-Hatta Airport Customs on Saturday night, April 27, 2024.

Read More icon-hand
The Power of Prophet Sulaiman's Prayer for Wealth, along with Tips for Seeking Abundant Blessings

The Power of Prophet Sulaiman's Prayer for Wealth, along with Tips for Seeking Abundant Blessings

In addition to striving and working hard, Muslims are also encouraged to pray, one of which is to recite Prophet Sulaiman's prayer for abundant wealth.

Read More icon-hand
Three Indonesian U-23 National Team Players Apparently Once Wrote Their Dreams of Competing in the 2024 Paris Olympics 6 Years Ago, Now It is Almost Coming True

Three Indonesian U-23 National Team Players Apparently Once Wrote Their Dreams of Competing in the 2024 Paris Olympics 6 Years Ago, Now It is Almost Coming True

They are Ernando Ari, Bagas Kaffa, and Komang Teguh

Read More icon-hand
Sriwijaya Air Boss Hendry Lie Becomes a New Suspect in Rp271 Trillion Tin Corruption Case, How Rich is He?

Sriwijaya Air Boss Hendry Lie Becomes a New Suspect in Rp271 Trillion Tin Corruption Case, How Rich is He?

Hendry is the Beneficiary Owner of PT Tinindo Intenusa (TIN).

Read More icon-hand
The Origin and Reason for the Prohibition of 24-Hour Warung Kelontong in Denpasar Bali That Led to the Closure of Madura Warung Before the Apocalypse

The Origin and Reason for the Prohibition of 24-Hour Warung Kelontong in Denpasar Bali That Led to the Closure of Madura Warung Before the Apocalypse

Madura warungs in this area are advised not to open 24 hours due to security reasons

Read More icon-hand
Always Say That Rupiah's Depreciation Is Not as Bad as Other Countries, This is the Evidence Presented by Minister of Finance Sri Mulyani

Always Say That Rupiah's Depreciation Is Not as Bad as Other Countries, This is the Evidence Presented by Minister of Finance Sri Mulyani

"Countries around us and in the emerging G20 are in a similar situation, some are worse," said Sri Mulyani.

Read More icon-hand
Half of them 'Demoted', Here is a List of 17 Airports in Indonesia that Still Have International Status

Half of them 'Demoted', Here is a List of 17 Airports in Indonesia that Still Have International Status

The 17 active airports designated as International Airports are as follows:

Read More icon-hand
Prudential Prints Premium Income of Rp22 Trillion in 2023, Sharia Business Grows 38%

Prudential Prints Premium Income of Rp22 Trillion in 2023, Sharia Business Grows 38%

In combination, the two companies recorded a total premium income and contribution of Rp22 trillion, and total assets of Rp66 trillion.

Read More icon-hand