JONBUR Research · Update note

You're reading an earlier report from Oct 28, 2026. See the latest report

Hotel Shilla · 008770 · Retail & Trade

Hotel Shilla Reports Q3 Operating Profit of ₩55.2B, Up 382.4% Year on Year

Hotel Shilla's Q3 operating profit came in at ₩55.2B, up 382.4% from the same period last year, according to a Yonhap News Agency report. This is the first sign in our data of a sharp earnings improvement, but one quarter does not yet change the longer record of thin margins and net losses.

Written Oct 28, 2026 · Data as of Oct 27, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

What happened

On 2026-10-28, Yonhap News Agency reported that Hotel Shilla's Q3 operating profit was ₩55.2B, up 382.4% from a year earlier. A preliminary consolidated earnings filing was also made the same day, but no excerpt of it was provided, so revenue, net income and the Q3 operating margin are not available to us.

For context, trailing twelve-month operating income to H1 2026 was ₩88.9B on revenue of ₩4.1T, a 2.2% margin, with a net loss of ₩138.3B. A single quarter of ₩55.2B is large relative to that trailing figure. The Q3 2025 base implied by the growth rate is small, which helps explain the large percentage.

The shares closed at ₩35,500 on 2026-10-27, down 11.6% over one month and 23.5% over three months. The price is close to the 52-week low of ₩34,800.

Every earlier JONBUR Research report and update note on Hotel Shilla, with Pro.

Unlock with Pro

Model estimate of fair value

Bear
₩0
-100%
Base
₩4,353
-88%
Bull
₩57,889
+63%

Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.

Base case of the 5-year discounted cash flow model on the stock's Valuation tab (statements TTM to H1 2026; discount rate 6.3%). Bear and Bull move the main assumptions by fixed steps. See and change the assumptions

Filings and data used

Report history

  1. Oct 28, 2026Update noteEarningsHotel Shilla Q3 Preliminary Results: Operating Profit ₩55.2B and Return to Net Profit
  2. Oct 28, 2026Update noteNewsHotel Shilla Reports Q3 Operating Profit of ₩55.2B, Up 382.4% Year on Year
  3. Oct 13, 2026InitiationStart of coverage (300 largest)Hotel Shilla: Thin Margins, Losses and a Share Price Near Its 52-Week Low

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information