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Hotel Shilla (008770) investor relations material
Hotel Shilla Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 8.4% year-over-year in 1Q 2026, reaching 1,053.5bn KRW, with operating profit turning positive at 20.4bn KRW after a loss in the prior year.
Both travel retail and hotel & leisure segments contributed to the turnaround, with significant profit recovery.
Financial highlights
Consolidated revenue: 1,053.5bn KRW, up 8.4% YoY; operating profit: 20.4bn KRW, compared to a loss of -2.5bn KRW in 1Q25.
Travel retail revenue: 884.6bn KRW (+7.0% YoY); operating profit: 12.2bn KRW (turned positive YoY).
Hotel & leisure revenue: 168.9bn KRW (+16.7% YoY); operating profit: 8.2bn KRW (+228.0% YoY).
EBITDA margin improved to 5.1% in 1Q26 from 3.8% in 2025.
Outlook and guidance
Travel retail segment will focus on profitability recovery amid changing market conditions.
Hotel & leisure segment aims to maintain strong performance by flexibly responding to customer demand.
- 3Q 2024 saw revenue growth but a swing to operating loss, driven by Travel Retail challenges.008770
Q3 202410 Apr 2026 - 4Q 2024 saw modest revenue growth but deeper operating losses, with Hotel & Leisure outperforming.008770
Q4 202410 Apr 2026 - 4Q 2025 revenue up 10.3% YoY, with narrowed losses and strong hotel segment growth.008770
Q4 20253 Feb 2026 - 3Q 2025 revenue up 0.9% YoY, operating profit positive, Travel Retail losses narrowed.008770
Q3 20259 Nov 2025 - Revenue up 2.3% YoY, but operating profit plunged 68.5% as Travel Retail posted losses.008770
Q2 20253 Aug 2025 - Revenue up 15.7% YoY, but operating profit down 58.9% amid Travel Retail margin pressure.008770
Q2 202413 Jun 2025 - Revenue and profit declined year-over-year, with a focus on recovery in 2Q.008770
Q1 20256 Jun 2025
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