Holiday earnings coincide with Golden Harvest’s announcement that it is temporarily closing its GH V Walk cinema in Nam Cheong.
While Hong Kong's box office revenue saw a slight increase during the Christmas holiday, the industry still faces a bleak outlook. This year's earnings, though up from their 2022 lows, are significantly down from pre-pandemic levels. The announcement of another cinema closure (Golden Harvest's GH V Walk in Nam Cheong) further emphasizes the ongoing difficulties facing Hong Kong's cinema sector.
While Hong Kong's box office revenue saw a slight increase during the Christmas holiday, the industry still faces a bleak outlook. This year's earnings, though up from their 2022 lows, are significantly down from pre-pandemic levels. The announcement of another cinema closure (Golden Harvest's GH V Walk in Nam Cheong) further emphasizes the ongoing difficulties facing Hong Kong's cinema sector.
