Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Walt Disney Co    DIS

Delayed Quote. Delayed  - 10/25 10:00:52 pm
92.75 USD   -0.66%
10/24 For AT&T, Time Warner was always on the menu
10/23 AT&T-Time Warner may signal start of new media industry consolida..
10/21 WALT DISNEY : Disney and Destination Imagination Inspire Fans to Thi..
News SummaryMost relevantAll newsSector news 

The Walt Disney Company : Hong Kong Disneyland Fiscal 2012 Net Profit HK$109Mln, First Profit Since Opening

share with twitter share with LinkedIn share with facebook
share via e-mail
02/18/2013 | 09:46am CEST
  By Chester Yung 

HONG KONG--Hong Kong Disneyland finally turned a profit in 2012 after seven years in operation, fuelled by a jump in the number of visitors to the park.

Hong Kong Disneyland, which is 52%-owned by the Hong Kong government and 48%-owned by Walt Disney Co . (DIS), posted an annual net profit of 109 million Hong Kong dollars (US$14.06 million) for the fiscal year ended 29 September 2012, reversing a net loss of HK$237 million in the previous fiscal year.

The company said it owed the buoyant result to an increase in visitor numbers during the year to 6.7 million from 5.9 million the previous year. The percentage of visitors from China was steady at 45%, but local visitors rose to 33% from 31%.

The theme park has reported a net loss every year for the past seven years in operation, partly due to lower-than-expected visitor figures. Critics have pointed to its size--the smallest of Disney's theme parks--and a lack of attractions that appeal to its key China market as reasons for the company's lackluster performance.

In a bid to boost attendance, the Hong Kong government and Walt Disney Co. in 2009 signed an agreement to expand the theme park, with plans to add a number of major attractions by 2013.

But competition from the Shanghai Disneyland, slated to open by end-2015, could undermine efforts to expand the compact model in Hong Kong. A Hong Kong government spokesman said earlier the park's investors are discussing plans to build new hotels at the Disney resort, adding to the current two, in hopes of drawing more international tourist traffic.

Write to Chester Yung at chester.yung@wsj.com

(MORE TO FOLLOW) Dow Jones Newswires

02-18-13 0345ET

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on WALT DISNEY CO
10/24 For AT&T, Time Warner was always on the menu
10/23 AT&T-Time Warner may signal start of new media industry consolidation
10/21 WALT DISNEY : Disney and Destination Imagination Inspire Fans to Think Outside t..
10/21DJComcast's NBCUniversal Invests Another $200 Million in BuzzFeed
10/21DJJakks Pacific Said to Suspend Toy Sales to Kmart
10/21 WALT DISNEY : Disney Supports Young Leaders with Half-a-Million Dollar Commitmen..
10/19DJGoogle Signs Up CBS for Planned Web TV Service -- Update
10/17 WALT DISNEY : Disney CEO Robert Iger working on leadership book
10/17 WALT DISNEY : Disney and Dole to Launch New Co-Branded Produce Assortment Featur..
10/15 Twitter charts solo path as Salesforce rules out takeover
More news
Sector news : Broadcasting - NEC
10/25DJVIACOM : Sumner Redstone Suing Former Companions
10/25DJVIACOM : Sumner Redstone Suing Former Companions
10/25 CBS : Sumner Redstone forced to borrow $100 million from National Amusements -la..
10/25 T-Mobile seen as top target following AT&T-Time Warner deal
10/24 FTSE ends lower as commodities stocks slip
More sector news : Broadcasting - NEC
News from SeekingAlpha
10/25 CBS takes ratings crown again, though 'Walking Dead' strong
10/25 My Dividend Growth Portfolio - Q3 2016 Summary
10/25 Disney Is A Long-Term Buy - Cramer's Lightning Round (10/24/16)
10/24 Nielsen ready to debut out-of-home ratings for first time
10/24 This Might Be The Shortest Lived IPO I Know
Financials ($)
Sales 2016 56 096 M
EBIT 2016 15 125 M
Net income 2016 9 502 M
Debt 2016 17 024 M
Yield 2016 1,51%
P/E ratio 2016 16,16
P/E ratio 2017 15,53
EV / Sales 2016 2,98x
EV / Sales 2017 2,87x
Capitalization 150 055 M
More Financials
Duration : Period :
Walt Disney Co Technical Analysis Chart | DIS | US2546871060 | 4-Traders
Full-screen chart
Technical analysis trends WALT DISNEY CO
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 107 $
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Robert A. Iger Chairman & Chief Executive Officer
Christine M. McCarthy Chief Financial Officer & Senior Executive VP
John S. Chen Independent Director
Robert W. Matschullat Independent Director
Aylwin B. Lewis Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WALT DISNEY CO-11.14%150 055
SKY PLC-26.08%17 057
More Results