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Kangwon Land net income down 3.2 percent in 15Q2

Kangwon Land reported net income of KRW97.3 billion ($81.6 million) in 15Q2, down 3.2 percent from the same period the year before.

The company’s sales amounted to KRW388.9 billion for the period, up 9.3 percent year-on-year, while operating income grew 19.7 percent to KRW147.9 billion.

Kangwon Land Casino is the only one in South Korea that allows locals to gamble.

In June, the country’s visitor arrivals fell 41 percent YoY due to tourists’ concerns over the outbreak of Middle East Respiratory Syndrome.


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