Wednesday, October 8, 2014

Palace Amusement records loss

Cinema operator Palace Amusement reported a loss for the year ended June 30, as revenues fell and administrative expenses rose.      
The company realised a loss of  J$12.5 million, compared to profits of  almost $15 million last year.      
The loss came as revenues fell 3% to $833 million, but administrative expenses grew 11$. 


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Palace Amusement records loss