SEOUL, Kangwon Land Inc. on Wednesday reported its 2023 net profit of 345.1 billion won (US$259.9 million), up 198.5 percent from a year earlier.

Operating profit for the year was 285.6 billion won, up 31.3 percent from the previous year, the company said in a regulatory filing. Annual revenue rose 9.3 percent to 1.38 trillion won.

Source: Yonhap News Agency