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Cineworld reports $158.06 million net loss for October
By Sarah Lizee
Olympia, Wash., Dec. 1 – Cineworld Group plc reported a $158.06 million net loss on $137.16 million gross income/sales for October, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Southern District of Texas.
The cash balance at the end of the month was $94.52 million.
Cineworld is a London-based cinema operator. The company filed bankruptcy on Sept. 7 under Chapter 11 case number 22-90168.
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