Kangwon Land’s stock investment opinion was maintained as a buyback.
As regulations on casino sales gradually eased, earnings are expected to recover at a rapid pace.
Kangwon Land posted a somewhat sluggish performance in the first quarter of this year due to the shortening of casino business hours due to preventive measures
The recovery is expected to accelerate from 2Q, when operating hours are normalized.
Estimated if the number of simultaneous stays and side betting are allowed,
We expect earnings to improve at a faster pace than we are at. “
It is expected that the number of drops per person in the casino will increase more than before Corona 19.
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