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Hong Kong Disneyland records HK$2.4 billion loss amid coronavirus-related closures, its seventh straight year without profit

Hong Kong Disneyland posted HK$2.4 billion (US$306.7 million) in losses for its last financial year – its seventh in a row without turning a profit – amid a series of pandemic-related closures and a near-complete absence of tourists.The results for the financial year ending on September 30, 2021, revealed by the company on Monday, were 12 per cent lower than the HK$2.66 billion shortfall recorded for the preceding 12 months.The theme park said it did not operate for about 40 per cent of the…

Read the original article at South China Morning Post

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