Hong Kong Disneyland Profit Falls 36% Amid Rising Costs and Fewer Visitors
Hong Kong Disneyland reported a 36% drop in net profit last year, reaching HK$536 million. This decline was attributed to higher operational costs and lower visitor numbers, which decreased by 2.5% year over year.
Hong Kong Disneyland Resort posted a 36 per cent drop in net profit to HK$536 million (US$68 million) last year, due to higher costs, increased outbound travel by Hongkongers and weather disruptions. The Lantau Island theme park on Tuesday reported its results for the financial year ending last September, with revenue down 1.35 per cent year on year to HK$8.69 billion and visitor numbers falling 2.5 per cent to 7.5 million, from a record 7.7 million in 2023-24. Tim Sypko, the parkβs managing...