Life's little escapes make Village Roadshow resilient
Aug 28, 2008 (The Australian - ABIX via COMTEX) --
By Teresa Ooi
Company: Village Roadshow Ltd.
(VLRDY)
Australian film distribution and theme park group Village Roadshow has reported a 10% increase in net operating profit to $A62.2m. Net profit rose 470% to $A256.9m, including a $A184.7m pre-tax gain from the merger of its film production unit with Concord Music to form Village Roadshow Entertainment. Village Roadshow CEO, Graham Burke, said the company's escapist offerings meant it has been resilient during difficult economic times. Village Roadshow shares declined $A0.01 to $A1.69 on 28 August 2008.
Publication Date: 29 August 2008
VILLAGE ROADSHOW LIMITED - ASX VRL
VILLAGE ROADSHOW ENTERTAINMENT GROUP
CONCORD MUSIC GROUP INCORPORATED
SYDNEY ATTRACTIONS GROUP LIMITED
SYDNEY AQUARIUM
SYDNEY WILDLIFE WORLD PTY LTD
WARNER BROS MOVIE WORLD ENTERPRISES
SEA WORLD PTY LTD
WET `N' WILD WATER PARK
Copyright (C) 2008 ABIX. All rights reserved
News Provided by COMTEX
Company: Village Roadshow Ltd.
(VLRDY)
Related terms: australia, ceo, entertainment, film, movie, music, net profit, profit, sydney, tax, water, wildlife
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