SEOUL - Grand Korea Leisure Co. (GKL) announced a significant financial turnaround for the year 2023, posting a net income of 43.8 billion won ($32.8 million), moving from a loss the prior year.
According to Yonhap News Agency, GKL's operating profit reached 51 billion won, compared to a loss of 13.9 billion won in the previous year. The annual revenue witnessed a substantial increase of 51.3 percent, totaling 396.7 billion won. This marks a notable recovery for the company, which had faced financial challenges in the preceding year.