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Hong Kong’s Ocean Park posts HK$31.8 million deficit despite government bailouts as Covid-19 blights annual performance figures
Aggregated Source: ChinaLegalBlog.com

Hong Kong’s Ocean Park has slumped into a HK$31.8 million (US$4 million) deficit after posting a HK$1.92 billion surplus just a year earlier, even with the government pumping large sums of cash into the attraction. The net deficit was revealed on Wednesday in the theme park’s 2020-21 annual report, which showed it had received HK$1.45 billion of public funds to mitigate costs arising from coronavirus-related closures.…

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