Business
Hotel Shilla: Revenue declined, but operating income improved and new business initiatives are underway
Hotel Shilla: Revenue declined, but operating income improved and new business initiatives are underway

About this update from Hotel Shilla Co., Ltd.
Revenue fell sharply year-over-year due to weak travel retail demand, but operating income turned positive and net losses narrowed. The company is expanding into new leisure and senior living businesses while maintaining strong liquidity and a stable credit rating.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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