Hotel Shilla Q3 Operating Loss of 19.8 Billion KRW... Turned to Deficit

[Asia Economy Reporter Yoo Byung-don] Hotel Shilla announced on the 30th that its consolidated operating loss for the third quarter of this year was tentatively estimated at 19.8 billion KRW, turning to a deficit compared to the same period last year (operating profit of 57.4 billion KRW).

Sales amounted to 879.5 billion KRW, a decrease of 40.4% compared to the same period last year. Net loss turned to a deficit at 28.5 billion KRW.