Research and Trading Portal for US-listed China Stocks · April 25, 2017
China Tracker - Details for Bona Film Group (BONA)
Bona Film Group
Based on current market and operating conditions, the Company expects non-GAAP net income for the second quarter of 2011 to be in the range of US$1.3 million to US$1.5 million, and non-GAAP net income for the full year 2011 to be approximately US$20 million.
Based on current market and operating conditions, the Company expects non-GAAP net income for the first quarter 2011 to be in the estimated range of US$1.8 million to US$2.2 million, and non-GAAP net income for the full year 2011 to be approximately US$20 million.
"We foresee exciting opportunities in 2011, as we target to expand the number of high-quality film projects we invest in, produce and distribute. We will also enhance partnerships with local TV stations to distribute non-theatrical copyright sales abroad. Moreover, our movie theater business, which we acquired in April 2010, is achieving stable and consistent margins and we plan to grow this business prudently, which we believe will help strengthen our distribution network across the country. As consumption in China grows, demand for high-quality movies will continue to rise and we believe we have the experience and business fundamentals to grow our business and deliver long-term shareholder value."