The Wandering Earth takes box office by storm

The unexpected box office success of science fiction blockbuster The Wandering Earth has proved to be a major revenue spinner for two of the movie's producers, amid a wider gloomy industry performance.

According to a statement from China Film Co Ltd, one of the film's two major producers, the company is set to make at least 95 million yuan ($14 million) from the film's 2 billion yuan box office revenue as of Sunday - just five days after its premiere.

Another major producer, Beijing Jingxi Culture and Tourism Co Ltd, also estimated it would gain 73 million to 83 million yuan in revenue from the film, another success following its previous hits - Wolf Warrior 2 and Dying to Survive.