Hotel Shilla Co., Ltd.KRX: 008770

Hotel Shilla: H1 2024 revenue and profit fell sharply, but liquidity and credit ratings remain strong

· Issued by Hotel Shilla Co., Ltd.

Revenue and profit declined sharply year-over-year due to weaker travel demand, with consolidated H1 2024 revenue at ₩1,983.5 billion and net income at ₩25.8 billion. The company maintains strong liquidity, continues global expansion, and issued new bonds rated AA-.

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