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FlagFillIconNow In Korea
GKL Posts Strong 2025 Earnings, Declares Dividend
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Creatrip Team
7 months ago
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GKL (Grand Korea Leisure) reported consolidated 2025 revenue of KRW 422.9 billion and operating profit of KRW 52.6 billion, up 6.7% and 37.4% year-on-year, respectively. In Q4 the company logged revenue of KRW 102.8 billion and an operating loss of KRW 0.8 billion, a year-on-year drop in revenue and swing to a loss. GKL operates three foreigner-only casinos in Seoul’s Gangnam and Yongsan districts and in Busan; analysts attribute the recovery to resumed visa-free group travel from China. The board approved a cash dividend of KRW 354 per common share (totaling about KRW 21.89691 billion), with the record date next month and payment planned for April 24.
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