Reading's NZ cinemas get boost from reopened Christchurch complex, flags Taupo sale

Mon, 13 Aug 2012

By Paul McBeth Aug 13 (BusinessDesk) - Reading International, the Nasdaq-listed cinema chain, reported a boost in patrons to its New Zealand theatres in the June quarter after reopening its Christchurch Palms complex following last year's earthquake. An extra 68,000 admissions in the chain's New Zealand theatres lifted sales by US$484,000 in the three months ended June 30, the Los Angeles-based company said in a statement. The increased New Zealand sales partly offset declines in its US and Australian chains, and was "primarily as a result o...

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