Wanda Cinema Line CorpRuyi Film's box office decline signals weak industry demand, negatively impacting peer Wanda Cinema Line.

Ruyi Film disclosed its 2026 half-year performance forecast, expecting a net loss attributable to shareholders of the listed company of 120 million to 180 million yuan for the first half, compared with a profit of 535 million yuan in the same period last year. Net profit after deducting non-recurring items is expected to be a loss of 195 million to 255 million yuan, versus a profit of 480 million yuan a year earlier. The company said its directly operated domestic cinemas achieved box office revenue of 2.55 billion yuan, down 39.4 percent year on year, with 55.357 million admissions, down 32.8 percent. High fixed costs led to a phased loss in the domestic cinema business in the second quarter. However, market share rose 2.1 percent in the first half, and its Australian cinema chain, film and television content, and pop toy segments operated steadily, with several films it produced earning good reviews and box office returns. The company also disclosed progress on share buybacks. The first phase of the buyback plan has repurchased 17.9106 million shares for a total transaction amount of about 149 million yuan, and a second phase buyback plan of 150 million to 300 million yuan has been launched.
Wanda Cinema Line CorpRuyi Film's box office decline signals weak industry demand, negatively impacting peer Wanda Cinema Line.