Hotel Shilla swings to black in 2021

Hotel Shilla-2021 earnings

Hotel Shilla swings to black in 2021

SEOUL, Jan. 28 (Yonhap) -- Hotel Shilla Co. on Friday reported its 2021 net income of 27.1 billion won (US$22.4 million), swinging from a loss of 283.3 billion won a year earlier.

Operating profit for the year was 118.8 billion, compared with a loss of 185.3 billion won from the previous year, the company said in a regulatory filing. Annual revenue rose 18.5 percent to 3.77 trillion won.

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