Tourist attraction company Dolphin Cove Limited became the only listed company on the local stock exchange during the second quarter to record no revenue.
This followed the closure of its facility from March 20 until mid-July.
This is a new phenomenon as no other company had ever gone a quarter of collecting no revenue from general operations, which spoke to the effect COVID-19 had on the company and by extension the tourism market.
As a result, the World of Dolphins subsidiary recorded a gross loss of US$153, 000 relating to the costs associated to maintain the dolphins and operations of the park.
Leave A Comment