Kangwon Land, Inc. (035250.KS), a casino and resort company, on Thursday reported first-quarter 2026 results with decline in profit year on year, while revenue increased.
Net income from continuing operation before income tax fell to 53.901 billion won from 97.078 billion won in the same period last year.
Operating income declined to 68.915 billion won, compared with 74.263 billion won a year earlier.
Net income attributable to shareholders of the parent company decreased to 39.665 billion won from 74.621 billion won in the prior-year period.
Sales, however, rose 3.4% to 378.924 billion won from 366.311 billion won last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.