Maoyan Shines In Spotlight Of Rebounding China Box Office

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CarmenMurillo/iStock via Getty Images The country's top ticket seller said its revenue doubled last year, as income from film production overtook its older ticketing business to become its top revenue source A resurgent Chinese box office lifted Maoyan Entertainment (OTCPK:MAOFF, 1896.HK) to turbocharged profit gains last year, as moviegoers celebrated the end of the country's tough pandemic restrictions to return to cinemas in droves. But despite the latest positive profit alert from China's leading online ticket seller, released on Thursday, a growing number of stress signs are pointing to tougher times ahead for the industry as a slowing economy causes...