Tuesday, February 16, 2016

HK Disneyland suffers first loss in five years due to competition

Hong Kong Disneyland Resort has recorded its first annual loss since 2011. Its latest financial report shows it fell HK$148 million ($19 million) into the red for the fiscal year ending October last year. Revenue also fell 6.4 percent to HK$5.11 billion, the park's first year-on-year decline in income since 2009. It made a profit of…

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