South Korean casino operator Grand Korea Leisure reported net profit of KRW16.96 billion for the second quarter ended 30 June 2025, up 49.7% year on year. Sales reached KRW100.94 billion, while operating profit was KRW15.96 billion; GKL also announced an interim dividend of KRW60 per share, payable on 5 September 2025.
The results and interim dividend provide investors with updated earnings and payout figures for GKL.
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GKL recorded August casino sales of nearly KRW31.11bn in South Korea, citing a Korea Exchange filing. Sales fell 11.3% against the previous August and also declined from the preceding month.
It was reported that Grand Korea Leisure’s second-quarter net income reached nearly KRW18.02bn. Earnings rose 6.2% year-on-year and 19.4% compared with the preceding quarter.
South Korean casino operator Grand Korea Leisure reported May sales of KRW43.13 billion, up 40.8% year on year and 7.3% from April, in a filing to the Korea Exchange. Sales for January to May totalled KRW189.97 billion, an 8.5% increase on the same period a year earlier.
GKL said in a filing to the Korea Exchange that it is targeting annual casino revenue of KRW503.8 billion by 2030. The South Korean casino operator also aims to keep its total shareholder payout ratio above 40% and attract customers from markets including Taiwan, Thailand and Mongolia.
Grand Korea Leisure reported casino sales of KRW38.08bn for February, 17.3% higher than in the same month a year earlier. Table-game sales rose 15.9% to KRW34.75bn, while gaming-machine sales increased 35% to KRW3.32bn, according to the company’s filing.