IMAX China H1 earnings rise

Animation hit Ne Zha bolsters firm's efforts to boost presence in nation

IMAX China Holding Inc, a unit of global entertainment chain IMAX, reported on Wednesday its revenue for the first half of this year rose 15.1 percent year-on-year to $59.3 million, driven by strong growth in its theater network business.

IMAX China continued to see strong demand from its business, the company said in its financial report. The statement came after IMAX China's recent announcement to expand its partnership with theater chain CJ CGV Co Ltd to open 40 new IMAX theaters featuring IMAX laser projection systems across China.