Hong Kong Disneyland narrowed its losses in its fourth year of operations, helped by cost cutting and a slight increase in attendance, the Hong Kong Government said Tuesday, as it gave the public its first detailed picture of the theme park’s financial health.
Hong Kong Disneyland, which is 52-percent owned by the government and 48-percent owned by Walt Disney Co., had a net loss of HKD1.32 billion (USD170 million) for the year ended October 2009.
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