ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Hong Kong protests

Protests set to cut $275m from Hong Kong Disneyland earnings

Theme park's woes add to struggles faced by hotels, tour operators and retailers

Disney's profit warning comes a week after the Hong Kong government said its economy slid into recession for the first time in a decade, hurt by five months of increasingly violent protests and the U.S.-China trade war.   © Reuters

HONG KONG -- Walt Disney Co. said that continued anti-government protests in Hong Kong could drag full-year earnings at the local Disneyland theme park by $275 million.

Operating income at Hong Kong Disneyland fell $55 million in the fiscal fourth-quarter ended Sept. 30, Chief Financial Officer Christine McCarthy said in a call with investors after the company released annual earnings.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more