Hotel Shilla Co., Ltd.KRX: 008770

Hotel Shilla: 3Q 2024 saw revenue growth but a swing to operating loss, driven by Travel Retail challenges

· Issued by Hotel Shilla Co., Ltd.

Revenue rose slightly year-over-year in 3Q 2024, but operating profit turned negative due to widened losses in Travel Retail, while Hotel & Leisure showed modest growth. Focus remains on profitability recovery and flexible demand response.

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