Palace Amusement Company recorded a net loss of $62.9 million, despite enjoying its highest level of attendance and an increase in its revenues to $693 million during the six-month period ended December 31 last year.
The company also reported that its revenues jumped by 36 per cent to $347.5 million during the October to December quarter last year, when compared with the corresponding period in 2023.
Despite this increase, the company lost $26.3 million, compared with a profit of$ 84.1 million for October to December 2023.
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