Hotel Shilla Co., Ltd.KRX: 008770

Hotel Shilla: Revenue up 2.3% YoY, but operating profit plunged 68.5% as Travel Retail posted losses

· Issued by Hotel Shilla Co., Ltd.

Revenue rose 2.3% YoY to 1,025.4bn KRW, but operating profit fell 68.5% as Travel Retail turned to losses. Hotel & Leisure showed revenue growth and strong occupancy, while financial ratios improved and the company focuses on profitability recovery.

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