Grand Korea Leisure posts net profit of 8.6 billion won in Q2

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SEOUL, Aug. 8 (Yonhap) — Grand Korea Leisure Co. announced on Tuesday that its second-quarter net profit amounted to 8.6 billion won (US$6.5 million), a significant improvement from the 8 billion won loss it reported a year earlier.

The company also registered an operating profit of 11 billion won in the April-June period, compared to the 10.7 billion won loss it experienced in the same period of the previous year. Revenue for the quarter was 100.2 billion won, a 108.5 percent increase.
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