Hanatour announced on the 6th that its performance for the second quarter of this year showed sales of 119.9 billion won and an operating profit of 9.7 billion won. While sales decreased by 8.9% compared to the same period last year, the operating profit increased by 163.2%.
Sales slightly decreased as travel demand itself has contracted due to the aftermath of aviation accidents. The number of package travelers in the second quarter was 450,000, down 7% compared to the same period last year.
However, the operating profit increased significantly due to a base effect from the unrefunded amounts of 6 billion won related to TMON and WeMakePrice from the second quarter of last year. The expansion of the share of mid-range package travel also positively influenced profitability.