Firm's sales rose boosted by favorable tune in DVD title sector. Firm turned into deficit, because of increases in operating loss deriving from poor film performance, and selling and administrative expenses, such as labor cost, ad expenses, despite sales upbeat. Firm's cash flows from operating activities are weak, due to red balance, and firm's debt ratio is slightly high. Though firm has high recognition in the DVD title sector, its growth is not likely to be high, because of forecast slump in domestic DVD market. Firm pursues activation of performance biz with signing a joint investment agreement with Yellow Entertainment for Celin Dion's performance in Korea, and related investment earnings are expected. Firm's profits are forecast according to new film production and imported film opening.
5TH FL., FOX TOWER, 231-13, NONHYEON 2-DONG, GANGNAM-GU, SEOUL
Seoul; Seoul; Postal Code: 135830
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