According to the Korea Exchange on the 16th, seven out of eight casino-related stocks closed higher.
Interest in casino-related stocks is increasing due to the easing of COVID-19, such as the government's easing of quarantine guidelines and lifting of self-quarantine obligations.
Kangwon Land announced on the 10th that its consolidated net profit in the first quarter was 101.534 billion won, successfully turning into a surplus compared to the same period last year.
In the first quarter of last year, it recorded a net loss of 5.86 billion won.
Sales in the first quarter were 358.124 billion won and operating profit was 69.687 billion won, up 57.9% and 561.9% from the same period last year.
At the regular shareholders' meeting held on March 29, the highest dividend ever due to improved performance was decided. It proposed an agenda to pay a dividend of 350 won per share, which is 61.4% of dividend molding.