Mona Yongpyong Achieves 19.6% Operating Profit Margin in Q1... Strengthens Four-Season Resort Strategy

Mona Yongpyong maintained stable profitability in the first quarter of this year, continuing to build its growth foundation centered on its resort operations. The company plans to secure mid- to long-term growth drivers by expanding premium condominium sales and strengthening its four-season content offerings.

On May 15, Mona Yongpyong announced through a public disclosure that its consolidated sales for the first quarter reached 47.7 billion won, with operating profit at 9.4 billion won and net profit at 5.9 billion won. Although sales volume declined compared to the same period last year, the operating profit margin remained robust at 19.6%, demonstrating solid profitability.

The resort operations business played a central role in this quarter's performance. The company explained that, by its nature, the first quarter sees a high proportion of revenue from operations such as ski slopes, accommodations, food and beverage, and tourism and leisure facilities. While revenue from sales of condominiums remained limited again this year, resort operations generated 47.3 billion won, accounting for the majority of total results.

Mona Yongpyong views this year as a period to simultaneously expand its sales business and prepare new projects, based on the profitability of its operations. The company plans to strengthen stay-oriented products and four-season content, while rolling out premium condominium sales from the second quarter and launching new projects by year-end.

The company also confirmed growth potential during the non-winter season. In the second quarter, the 2026 WHOOP UCI MTB World Series was held around Balwangsan Mountain at Mona Yongpyong. The event attracted about 1,000 athletes and officials from around 40 countries, including the United States and Europe, and recorded an audience of approximately 13,000 spectators.

The company assessed that this event demonstrated Mona Yongpyong's potential to expand beyond its traditional image as a winter ski resort into a four-season sports and tourism destination.

Additionally, Mona Yongpyong plans to begin preparations for its next sales project toward the end of the year. The strategy is to continue the existing premium condominium sales business while simultaneously strengthening asset value and revenue structure through new projects linked to operational activities.

Under CEO Park Injun’s leadership, the company explained that it has focused on reinforcing the fundamentals of its resort operations and reviewing profitability and efficiency since last year.

A company official stated, "This year, we plan to gradually expand premium condominium sales based on a stable surplus structure centered on our operational business," adding, "For our next sales project, we will thoroughly review profitability and efficiency to establish a solid foundation for stable growth."

This performance is seen as evidence that Mona Yongpyong is accelerating its mid- to long-term growth strategy by leveraging the stable profitability of its resort operations, expanding four-season content, and diversifying its sales business.

This content was produced with the assistance of AI translation services.