IMAX China Holding's (HKG:1970) attributable profit for the six months ended June 30 fell sharply to $8.1 million from $23.9 million a year earlier, according to a Hong Kong bourse filing on Friday.
Earnings per share slipped to $0.02 from $0.07 in the corresponding period last year.
Revenue of the provider of IMAX theater systems declined to $34.4 million from $57.8 million a year earlier.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.