Cineworld Group debtors report operating results for January

By Sarah Lizee

Olympia, Wash., March 9 – Cineworld Group plc and its affiliates filed monthly operating reports for January with the U.S. Bankruptcy Court for the Southern District of Texas on Wednesday.

The U.S. debtor group reported a $9.82 million net loss on $166.05 million of gross income or sales, and a cash balance of $65.41 million at the end of the month.

The U.K. debtor group reported a $9.56 million net loss on $32.11 million of gross income or sales, and a cash balance of $9.33 million at the end of the month.

The Picturehouse debtor group reported a $4.49 million net loss on $4.19 million of gross income or sales, and a cash balance of $1.14 million at the end of the month.

Cineworld is a London-based cinema operator. The company filed bankruptcy on Sept. 7, 2022 under Chapter 11 case number 22-90168.

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