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HK Disneyland suffers first loss in five years due to competition

By Chai Hua In Hong Kong | China Daily | Updated: 2016-02-16 08:43

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 HK$332 million in 2014.

HK Disneyland suffers first loss in five years due to competition

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