Hanatour Service (039130) Corporate presentation summary

Company overview

• Leading outbound travel agency in Korea, with 20% share of outbound travelers and 36% of package travelers from 2014-2019.

• Achieved 65-fold growth in travelers over 20 years, far outpacing the overall outbound market.

• Recognized as Korea’s top travel brand, with multiple customer satisfaction and brand power awards.

Competitive strengths

• Dominant market share, largest product development and online channel teams in the industry.

• Extensive offline network with over 6,000 agencies and 11 overseas subsidiaries.

• Strong global supply capabilities and profitability.

Financial performance

• 2023 revenue surged 258% YoY to KRW 411.6 billion, with operating profit at KRW 34 billion and net profit at a record KRW 59.1 billion.

• Operating expenses rose 75% YoY, mainly from variable costs and normalized HR/marketing spending.

• Q3 2024 revenue reached KRW 159.4 billion, with operating profit of KRW 12 billion.