FilingReader Intelligence

Wanda Film profit surges 373% amid strategic restructuring

August 27, 2025 at 05:49 PM UTCBy FilingReader AI

Wanda Film Holding Co., Ltd. announced a net profit attributable to shareholders of 535.8m yuan for the first half of 2025, marking a substantial increase of 372.55% year-over-year. Operating revenue grew by 7.57% to 6.69bn yuan. This growth is attributed to a strategic shift towards a "Super Entertainment Space" model and the strong performance of domestic films.

The company completed a share repurchase and cancellation of over 67.5m shares, reducing its total share capital. Wanda Film also invested 82.28m yuan in Beijing Lezitancheng Cultural Development Co., Ltd., acquiring 4% equity, aligning with its strategy to diversify revenue streams beyond traditional box office reliance by strengthening its IP and offline entertainment offerings.

These initiatives are part of a broader "1+2+5" strategy aimed at transforming its business model by integrating domestic and international markets, linking its cinema, film and TV series, strategic investments, trendy play, and gaming segments. The company's domestic direct-operated cinemas achieved a box office of 4.21bn yuan, an increase of 19.2% year-over-year, with attendance rising by 9.6%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002739Shenzhen Stock Exchange

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