Hotel Shilla Reports Operating Loss of 185.3 Billion KRW Last Year, Turning to Deficit
[Asia Economy Reporter Lee Seon-ae] Hotel Shilla announced on the 29th that its consolidated operating loss for last year was tentatively estimated at 185.3 billion KRW, marking a turnaround to a deficit compared to the previous year's operating profit of 295.9 billion KRW.
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Sales amounted to 3.1881 trillion KRW, a decrease of 44.2% compared to the previous year. Net loss turned to 283.3 billion KRW, resulting in a deficit.
This content was produced with the assistance of AI translation services.
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