Kangwon Land, Inc. (035250.KS) delivered solid results for the third quarter of 2025, as a sharp increase in financial income offset weaker operating performance and higher costs.
Profit before tax rose 22.9% year over year to 143.9 billion won, supported by a 167% surge in financial profit to 73.3 billion won.
Operating profit declined 22.7% to 71.9 billion won.
Net profit grew 24.1% to 112.3 billion won from 90.4 billion won.
Sales increased 2.2% to 383.7 billion won, driven by a 4.2% rise in gaming sales to 333.7 billion won, while non-gaming revenue dropped 9.4% to 50 billion won.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.