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

About this update from 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-.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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