Grand Korea Leisure turns to profits in 2023

SEOUL, Grand Korea Leisure Co. on Wednesday reported its 2023 net income of 43.8 billion won (US$32.8 million), shifting from a loss of 22.7 billion won a year earlier.Operating profit for the year was 51 billion, compared with a loss of 13.9 billion won from the previous year, the company said in a regulatory filing. Annual revenue rose 51.3 percent to 396.7 billion won.Source: Yonhap News Agency