Cineplex reports $1.2M third-quarter profit, revenue down from year ago

Customers buy popcorn at a Cineplex theatre in downtown Toronto on Wednesday, Aug. 26, 2020. THE CANADIAN PRESS/Christopher Katsarov

 CKL

TORONTO - Cineplex Inc. reported a profit of $1.2 million in its latest quarter compared with a loss of $24.7 million a year ago as its revenue fell nearly nine per cent.

The movie theatre company says the profit amounted to two cents per diluted share for the quarter compared with a loss of 39 cents per diluted share in the same quarter last year.

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