Grand Korea Leisure (114090) Q2 2026 earnings summary

Executive summary

• Operates three foreigner-only casinos in Seoul and Busan, focusing on attracting overseas tourists, especially from Japan and Greater China.

• Listed on KOSPI since 2009, with the Korea Tourism Organization as the majority shareholder (51%).

• The company is a public enterprise, subject to government regulations and oversight.

Financial highlights

• 2026 H1 consolidated revenue: KRW 231.1 billion, up 9.6% year-over-year.

• Operating income: KRW 39.0 billion, up 7.9% year-over-year.

• Net income: KRW 33.1 billion, nearly flat year-over-year.

• Total assets: KRW 633.5 billion, down 2.7% from year-end 2025.

• Cash and cash equivalents: KRW 198.4 billion at June 2026.

Outlook and guidance

• The domestic foreigner-only casino market continues to recover, with 2026 Q2 sales up from the prior year.

• The company maintains a stable dividend policy, with interim dividends of KRW 60 per share in 2026.