Grand Korea Leisure swings to black in Q2

Grand Korea Leisure Co. on Tuesday reported its second-quarter net profit of 8.6 billion won (US$6.5 million), swinging from a loss of 8 billion won a year earlier.

Operating profit for the April-June period was 11 billion, compared with a loss of 10.7 billion won a year ago, the company said in a regulatory filing. Revenue rose 108.5 percent to 100.2 billion won.

Source: Yonhap News Agency

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