Cineplex year-end
Cineplex Odeon has announced its financial results for the year ended Dec. 31, 1994. Revenues for the year were us$539,374,000, down from us$546,230,000 in 1993; admission revenues dropped to $383,995,000 from us$388,944,000 last year; and cash flow from continuing operations was us$30,746,000, down from us$38,674,000 a year earlier.
Net loss from continuing operations for the period was $14,173,000 or $0.13 per share.
Cineplex Odeon is building a new 14-screen cinema and video game complex in Bellevue, Wash. and is adding six screens and a games center to its Lakewood, Wash. multiplex.