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Hong Kong Disneyland records worst-ever HK$2.66 billion loss amid coronavirus pandemic, marking sixth straight year without profit

Hong Kong Disneyland has posted its worst net loss on record at HK$2.66 billion (US$347 million) – the park’s sixth straight year without a profit – amid a series of closures and a near-complete absence of tourists because of the coronavirus pandemic.The loss for the financial year ending September 30, 2020, revealed by the company on Monday was far worse than the HK$105 million recorded for the prior 12 months.The embattled resort was dealt a severe blow by waves of social-distancing…

Read the original article at South China Morning Post

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