Global City profits down in 2014
12:15
WSE-listed Global City Holding (formerly Cinema City International) generated a consolidated net profit of €18.4 million in 2014, compared with €21.6 million in the previous year.
The company’s operating profit amounted to €26.5 million, versus €38.7 million in 2013.
Sales revenue stood at €62.5 million compared with €2978 million in 2013.
Global City Holdings (formerly Cinema City International) combines entertainment and real estate businesses in Europe and Israel. The company debuted on the WSE in 2006.