Hotel Shilla (008770) Q2 2026 earnings summary

Executive summary

• Revenue for 2Q 2026 declined by 5.2% year-over-year to 971.8bn KRW, while operating profit surged by 602% year-over-year to 61.1bn KRW, reflecting a significant turnaround in profitability.

• The company operates across travel retail, hotel, leisure, and business travel management, with a focus on premium lifestyle services.

Financial highlights

• Consolidated revenue: 971.8bn KRW (down 5.2% YoY); operating profit: 61.1bn KRW (up 602% YoY).

• EBITDA margin improved to 9.6% in 2Q 2026 from 3.8% in 2025.

• Annual CAPEX for 2Q 2026 was 12.7bn KRW, down from 38.3bn KRW in 2025.

Outlook and guidance

• Travel retail segment is focusing on profitability recovery amid changing market conditions.

• Hotel & leisure segment aims to maintain strong performance by flexibly responding to customer demand.