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Event cinemas lift profit 19.6 per cent

AAP logoAAP 25/08/2016

Cinema and hotel operator Event Hospitality and Entertainment's full-year profit is up 19.6 per cent to $130.2 million thanks to a host of Hollywood blockbusters and strong hotel results.

Revenue for the year to June 30 rose nine per cent to $1.281 billion as its cinema business benefited from big film releases, including the latest Star Wars and James Bond films, and a 25 per cent profit lift in its hotels and resorts segment.

The company's final, fully franked, dividend rose two cents to 31 cents.

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