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The market believes that Gangwon Land's earnings recovery is too slow. As overseas travel resumed in earnest, low-cost airlines (LCCs) already posted record-high performance in the first quarter. However, Gangwon Land's operating profit forecast for this year was 331.3 billion won, far below 501 billion won in 2019 before Corona.
Analysts say that the fact that VIP customers are also leaving overseas due to a surge in demand for overseas travel is holding back Gangwon Land's performance. In other words, Kangwon Land, the owner of the opening, is suffering from the opening.
Lee Hwa-jung, a researcher at NH Investment & Securities, said, "As overall leisure demand is concentrated on overseas travel, domestic casino performance has been sluggish," adding, "However, the suppressed demand for overseas travel will be temporary, so there is an end to the sluggish domestic casino performance."
"Rather, we have not yet enjoyed external growth due to increased business hours and the number of tables compared to before COVID-19, so it is time to pay attention to the large additional performance upside," he said.
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government were excluded from the Public Administration and Security Committee and the Judiciary Committee subcommittee, and the actual transfer of authority was reduced to 30 tasks.
Earlier, at the plenary session of the Public Administration and Security Committee held in November last year, "relaxing the age of residents' ordinances," "establishing a comprehensive international free city plan," and "special cases on disinfection facilities for small breeding facilities."
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