Haichang Ocean Park Holdings Co. Ltd., developers and operators of theme parks and ancillary commercial properties in China, has announced its consolidated annual results for 2018.
In 2018, the Group’s revenue reached RMB 1.79 billion, with a growth increase of 6.5% year-on-year. Revenue from the operation of parks was approximately RMB 1.746 billion, a 7.9% year-on-year increase.
The Group’s growth in 2018 is principally due to an increase in revenue from ticket sales and non-ticket business income generated in its theme parks. The revenue from park tickets was RMB 1.274 billion, a 7.8% year-on-year increase. Non-ticket business revenue was RMB 471 million, an 8.5% year-on-year rise.
The Group’s focus in 2018 was the opening of the marine park known as Shanghai Haichang Ocean Park and the immersive marine recreation complex, Sanya Haichang Fantasy Town.
Moving forward, Haichang Ocean Park Holdings hopes to shape its international image, continue to upgrade its information system and integrate its cross-border resources and creative capabilities in order to be regarded as “china’s number one development, operation and service team for creative marine cultural tourism products.”
