The new crown pneumonia epidemic has continued to hit the tourism industry for more than a year. Hong Kong Disneyland announced its latest annual results today (21st). The data showed an improvement over last year. The number of admissions increased by 117%, and the net loss also narrowed by 12% to 2.4 billion yuan. .
In the industry continuation report released last year, the net loss reached 2.66 billion yuan, which was the worst year in history.
Disney pointed out that although the latest round of "employment protection plan" does not cover theme parks, it stressed that there are no layoff plans.
▼On February 19, the reopening of Disneyland▼
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Hong Kong Disneyland announced its 2021 fiscal year results today. The number of local visitors increased by 117% compared with the previous fiscal year, and the number of members of the park's annual Magic Access Pass also increased by 55%, both of which are historical highs.
Among them, the number of local youth admissions hit a record high, and the number of Magic Access student members also increased by 132%.
Disney pointed out that in the fiscal year 2021, in response to the government's relevant epidemic prevention requirements and the impact of the epidemic on business, Hong Kong Disneyland's theme parks will be closed for about 40% of the year, and only open for 215 days, while the services of the resort hotels will be reduced. Adjustment.
However, Disney's total attendance in fiscal 2021 still rebounded to 2.8 million, a 64% increase from 1.7 million in 2020.
Disney continued to point out that full-year business revenue rose 19% to 1.7 billion yuan, due to the implementation of additional epidemic prevention and health measures, resulting in increased costs.
However, despite the resort's efforts to actively control costs, the resort still reduced operating costs and expenses by 8%, and was able to maintain employment and no layoffs in the past two years, further reducing costs by 41% year-on-year compared to fiscal year 2020.
As for the profit before interest, tax, depreciation and amortization, it improved by 34% to negative HK$970 million, and the net loss also narrowed by 12% to HK$2.4 billion compared with the previous financial year.
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Hong Kong Disneyland announced its 2020 business continuation report last year, with a net loss of 2.66 billion yuan.
Even though the park had applied for the "employment protection plan" from the government and took measures such as unpaid leave, the total cost and expenses fell by 41%, which was the worst year since the park announced its profit and loss in 2008.
However, according to the information, Disney received a total of 306.6 million yuan in subsidies for two phases of the "employment protection plan" in 2020.
However, the subsidies for October and November are not fully included in the same financial year, that is, the latest 2021 performance report.
Disney pointed out that although the latest round of "employment protection plan" does not cover theme parks, it emphasizes that there is no layoff plan, and it did not lay off employees in the entire year of last year, and it also cancelled the measure of unpaid leave.
Disney also pointed out that it is encouraged by the news that the government has relaxed anti-epidemic measures, and it can even receive foreign tourists, so it is optimistic about its operations for a period of time in the future.
Disney also pointed out that it has always considered ticket prices based on inflation and other conditions, and has not considered adjusting prices for the time being.
Disney also pointed out that because it has obtained a revolving credit of 2.1 billion yuan from Walt Disney, it will not apply for a capital injection to the Legislative Council.
Ocean Park and Disney will suspend the opening of Hins Cheung's 8 concerts from Friday, postponed｜Omicron Disney Annual Pass｜Park: 24 free parking a year is not limited to March, sorry for causing misunderstandings The discount will be changed to 24 times a year. Free parking is limited to use before March. The Filipino maid will go to Disney first and then go to Ocean Park. play