Hong Kong Disneyland on Monday posted a net profit of US$14.1 million (HKD109 million), its first yearly profit since its 2005 opening, The Wall Street Journal reported. The figures for the financial year through September 29 contrasted sharply with a net loss of US$30.56 million in 2011. The park said the positive numbers reflect a 13% rise in attendance to 6.7 million visitors. Revenue rose 18% to US$550.62 million, while occupancy at the two onsite hotels increased by a percentage point to 92%. Disneyland posted a yearly net loss each year for the past six years, with commentators saying its small size and attractions did not appeal to mainlanders.
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