The company that owns Village Roadshow lost nearly $36 million in fiscal year 2021 as the operator of some of Australia’s best-known theme parks and cinemas struggled with COVID-19 restrictions and global movie release delays.
VRG Holdco group made a loss after tax of $35.8 million and had a net debt of $228.5 million at the end of fiscal year 2021, according to filings with the Australian Securities Investments Commission.
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com
