Disney's Hong Kong Theme Park Finally Turns a Profit

Photograph by Mark Leong/Redux

Hong Kong Disneyland’s boss, Andrew Kam, has just brought some welcome Year of the Snake news to local taxpayers: After years of disappointing results, the government-backed Magic Kingdom project is finally making money. Kam, managing director of Hong Kong Disneyland, on Monday announced that the theme park owned by Walt Disney and the Hong Kong government was in the black, earning 109 million Hong Kong dollars ($14 million) during the fiscal year ending September.

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