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Telecomunicaciones y tecnología

Cineworld reports 19 percent fall in full-year profit


    (Reuters) - Britain's largest cinema operator Cineworld Group Plc said full-year pretax profit fell 19.3 percent, hurt by transaction and reorganisation costs related to a recent acquisition and a regulatory probe.

    Cineworld said pretax profit fell to 30.9 million pounds ($51.7 million) in the year ended December 26, from 38.3 million pounds a year earlier.

    Revenue rose 13.2 percent to 406.1 million pounds at the only listed cinema chain in the UK.

    Shares in the Chiswick, London-based company closed at 309.25 pence on Wednesday on the London Stock Exchange.

    (Reporting by Noor Zainab Hussain in Bangalore; Editing by Gopakumar Warrier)