Patrick Frater Asia Bureau Chief In a financial statement published nearly nine months in arrears, the Hong Kong Disneyland theme park revealed that its revenues in the year to September 2023 had more than doubled and that its losses had been slashed.
The park, which is a joint venture between the Hong Kong government and the Walt Disney Company, with the government owning a majority stake, saw revenue between October 2022 and September 2023 climb by 156% to HK$5.7 billion ($731 million) as total attendance grew by 87% to 6.4 million.
Earnings before interest, taxation and depreciation (EBITDA) tripled to HK$924 million ($118 million) and net losses tumbled by 83% to HK356 million ($45.6 million).
Operators said that the park has been profitable since summer 2023 and that after the end of the financial year the park has continued to perform well.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.