Shanghai Hongkong Disney trump out of business

ZA.

diyicaijing· 2016-11-23 15:18:59

11" Sept. 21, according to "the Wall Street journal" reported that Hongkong Disneyland Disney on Tuesday announced an expansion plan, including some new scenic spots from 2018 to 2023 will be open. Hongkong Disney Park, said the expansion plan will be required to obtain the approval of the legislative body of Hongkong, will cost about $1 billion 400 million. The park is 53% of the shares held by the government of Hongkong, the remaining shares held by Walt Disney company.

reported that the weak performance and usher in the occasion of competition with the Shanghai Disney Park, which measures aimed at increasing the number of tourists in Hongkong Disney park. Shanghai Disneyland Disney opened in June this year, the scale is much larger than the Disney theme park in Hongkong.

in February this year when Hongkong Disney released as of 2015 October earnings last year, reported a net loss of HK $148 million ($19 million). A decrease in the number of visitors to the park as a result of the slowing down of the tourism industry in mainland china. It is worth mentioning that, Hongkong Disney park is the world's smallest Disney park.

and Shanghai Disney park is an eye-catching performance, the first four months of operation, including the summer peak received four million visitors, it was inferred that the first year of the park will reach ten million passenger. Chairman and CEO Disney Robert · company; Etam also revealed that Shanghai Disneyland Disney has announced in the expansion zone "toy story will be added".

the Walt Disney company previously released as of October 1, 2016 2016 fiscal year and four quarter report, sixth consecutive years of record highs. In fiscal year 2016, Walt Disney company's revenue was $55 billion 632 million, up 6% over last year, net profit of $9 billion 391 million, an increase of 12%, diluted earnings per share (EPS) rose 17%.

China · Robert; Edgar said: "our fiscal year 2016, sixth consecutive years of record high performance. The highlight of the year is due to the opening of the Disney resort in Shanghai, the success of the return of star wars, as well as a record breaking $7 billion 500 million total film box office. "

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