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Focus Gaming News Asia Pacific | Kangwon Land

Kangwon Land

Check the latest Kangwon Land news

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11/09/21

Kangwon Land posts net profit of US$17.3m for Q3

Kangwon Land has shared its financial results for the third quarter of the year, reporting a 2.4 per cent decline in net profit from KRW20.9bn in Q2 to KRW20.42bn (US$17.3m).

11/03/21

Kangwon Land eases capacity restrictions

Kangwon Land has been authorised to increase its capacity from 1,800 to 2,300 customers.

10/26/21

Kangwon Land to reopen for fully vaccinated clients

Kangwon Land will reopen on November 1 for those who have been fully vaccinated against Covid-19.

10/13/21

Kangwon Land’s main shareholder transfers stake

The Mine Reclamation Corp, one of Kangwon Land’s main shareholders. has announced it has transferred its entire 36.27 per cent stake to an entity called the Korea Mine Rehabilitation and Mineral Resources Corp.

09/27/21

South Korea: casinos report turnover of US$409.1m for H1

South Korea’s casinos have reported turnover of KRW480.45bn (US$409.1m) for the first half of the year.

09/17/21

Kangwon Land recovery depends on higher vaccination rates

Analysts predict Kangwon Land could post consolidated sales up 256 per cent year-on-year for the third quarter as long as vaccination rates increase in South Korea.

08/25/21

Kangwon Land licence extended by 20 years

Kangwon Land has been granted a 20-year licence extension until 2045.

08/16/21

Kangwon Land closes for two days due to Covid-19 cases

Kangwon Land will be closed from August 16 to August 18 due to Covid-19 among staff.

08/11/21

Kangwon Land to improve operating profits in Q3, analysts say

JP Morgan Securities predict Kangwon Land will improve its operating profits in the next three months unless the social distancing gets tighter.

08/10/21

Kangwon Land posts net profit of US$18.2m for Q2

Kangwon Land has shared its financial results for the second quarter of the year, reporting a net profit of KRW20.9bn (US$18.2m).

07/15/21

Kangwon Land to reduce capacity to 30%

Kangwon Land has confirmed it will reduce capacity again to a maximum daily guest capacity of 1,800 visitors from tomorrow (July 15).

06/12/21

Kangwon Land to increase capacity to 50% of normal levels

Kangwon Land has confirmed it has been allowed to increase its capacity to 50 per cent of normal levels from June 14.

05/27/21

Kangwon Land could see earnings improve in 2022, analysts say

Tourism arrivals, a higher vaccination rate and the end of social restrictions soon could help Kangwon Land grow next year.

05/12/21

Kangwon Land sales down 58.7% in Q1

Kangwon Land has reported a net loss of KRW40.9bn (US$36.6m) for the first quarter of the year.

04/01/21

Kangwon Land appoints Lee Sam-Geol as new CEO

Lee Sam-Geol will replace Moon Tae-Gon, who was promoted to the position of interim chairman last year.

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