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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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.