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FlagFillIconNow In Korea
Paradise Co. Achieves Record Sales Exceeding 1 Trillion Won
Creatrip Team
10 months ago
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Paradise Co. has achieved a milestone by surpassing 1 trillion won in sales for the first time, driven by stable Japanese visitor numbers, recovering Chinese tourists, and increasing popularity among global VIP clients. The company reported a revenue increase of 7.8% to 1.072 trillion won and a net profit rise of 30% to 104.3 billion won. Despite a slight decrease in operating profit due to increased VIP marketing expenses, growth in casino and resort sectors contributed to this record. The company plans to expand premium services for Japanese and Chinese VIPs, leveraging geographical advantages in cities like Incheon, Jeju, and Busan. Paradise City, offering a K-culture experience, also reported significant growth through strategic partnerships.
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