Hotel Shilla (008770.KS) Q1 2026: Duty-Free Swings to Profit After Airport Exit as Revenue Hits ₩1.05T
For the first time in roughly seven quarters, Hotel Shilla's duty-free operation returned to profit — driven by a deliberate strategic exit from an unprofitable airport concession rather than any broad recovery in Korea's still-depressed duty-free market.
Source: Q1 2026 Quarterly Report (54th Fiscal Year, 1st Quarter) — Filed with DART | Consolidated Financial Statements | Unit: ₩ billions


