IMAX China, the subsidiary of the Canadian giant screen exhibitor, reported a robust year of growth in the booming China market Thursday.

    The company’s Chinese box office reached US$312.4 million, a 53.8 percent increase over net grosses in the territory in 2014. Reflecting the record box office and the company’s ongoing screen installations, total revenues surged 41.4 percent to US$110.6 million, with adjusted profit growing 66.9 percent year-over-year to reach US$43.4 million.

    The company said it will continue its expansion in the Chinese market with the installation of 100 new screens in 2016. Last year, Imax installed a record 74 giant screens, bringing its country-wide network total to 307 theaters.

    In 2015, Imax exhibited 31 films in China, a record eight of which were local language Chinese titles. Imax reports that its per screen average in greater China was up 10 percent for the year to US$1.34 million.

    The biggest performing title for the company in 2015 was “Furious 7,” which earned a record US$39 million in Imax box office. (SD-Agencies)