IMAX Corporation Reports First Quarter 2021 Results
HIGHLIGHTS
- IMAX continues to help lead the global film industry out of the pandemic as pent-up demand emerges in global markets driving year-over-year quarterly growth in revenue, box office, gross margins and EBITDA
- Company posts $110 million in global box office its first year-over-year quarterly box office growth of the pandemic period as strong rebound in Asia continues and begins to expand to other key markets
- IMAX expects further market openings and loosening of capacity restrictions to drive increased network capacity as summer tentpoles including A Quiet Place 2, Fast 9, and Black Widow arrive in theaters
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Bank Credit Grows at 5.4 per cent in September Quarter, Says RBI
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Bank credit growth on a year-on-year basis stood at 5.4 per cent in September quarter of the current fiscal year compared to 5.7 per cent growth in the previous quarter, RBI data showed. Credit growth for metropolitan branches, which have major share in bank credit, decelerated to 3.3 per cent year-on-year in September 2020 quarter as compared to 4.7 per cent in April-June. It, however, improved for the bank branches in rural, semi-urban and urban areas, according to the data released by the Reserve Bank of India (RBI). RBI on Friday released Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), September 2020.