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ECONOMY
THIS WEEK> THIS WEEK NO. 9, 2013> ECONOMY
UPDATED: February 25, 2013 NO. 9 FEBRUARY 28, 2013
First Profits
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Hong Kong Disneyland announced on February 18 that it earned a profit of HK$109 million ($14.06 million) in the fiscal year ending September 29, 2012, the first time the park recorded a profit since its opening in 2005.

The park generated record revenues of HK$4.27 billion ($550 million), up 18 percent from the previous fiscal year.

A record 6.73 million people visited the park during the fiscal year, up 13 percent. Chinese mainland and overseas tourists accounted for two thirds of the total attendance.

Andrew Kam, Managing Director of Hong Kong Disneyland Resort, said the result was encouraging, adding that the attendance, hotel occupancy and guest spending levels continued to smash records.



 
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