Wonderla Holidays: High Profitability but Slow Growth
Moneylife Digital Team 19 September 2022
Wonderla, one of the few listed theme parks, has experienced a roller-coaster ride in the past few years. The COVID-led shutdowns slashed revenues in FY20-21to less than a quarter of those in pre-COVID FY19-20 and by more than half in FY21-22. The company was able to withstand such difficult years due to being zero-debt; else, the situation could have been dire. It is a highly profitable...
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