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MONAYONGPYONG Posts First-Half Profit Despite Hiatus in New Housing Sales… Up 15% [Stock in the Spotlight]

Park Jung-Soo
2026-08-18 09:24:22
[Edaily Reporter Park Jung-Soo ] MONAYONGPYONG(070960)is showing strong gains. This is believed to be due to buying interest driven by news that the company maintained an operating profit in the first half of this year despite a lull in new housing projects. Additionally, news that the company plans to improve its earnings in the second half by revitalizing its “Gold Season” operations, expanding the attraction of overseas tourists, and resuming new housing projects appears to have stimulated investor sentiment.
According to MP Doctor on the 18th, as of 9:21 a.m., MONAYONGPYONG is trading at 2,525 won, up 15.03% (330 won) from the previous trading day.
Previously, on the 14th, MONAYONGPYONG announced that it recorded consolidated revenue of 81.7 billion won and operating profit of 1.2 billion won for the first half of 2026. These figures represent decreases of 48.9% and 93.9%, respectively, compared to the same period last year.
While revenue from development and pre-sale projects was reflected in the same period last year, overall revenue and operating profit declined in the first half of this year due to limited revenue recognition from new pre-sale projects. However, the company maintained an operating profit through systematic unit price management and operational efficiency improvements.
The net loss for the first half of the year totaled 3.3 billion won. The company explained that profitability temporarily slowed in the second quarter due to seasonal factors affecting the resort business and the集中 reflection of recurring expenses, such as property taxes.
MONAYONGPYONG plans to drive performance improvements in its resort operations as the peak season begins in the second half of the year. The company intends to boost visitor numbers by expanding year-round tourism content and wellness programs centered around Mount Balwang, while systematically managing the selling prices of rooms and key products and strengthening profitability and product competitiveness across various sales channels.
The company will also diversify the regions from which it attracts foreign tourists. It plans to expand its overseas sales base—which has traditionally focused on Greater China, including Taiwan and China—to Southeast Asia, Australia, New Zealand, and the Americas. The company intends to secure demand from both group tourists and independent travelers (FIT) by collaborating with travel agencies in each country and utilizing global online travel agencies (OTAs) and foreign-language direct sales channels.
Preparations are also underway to address the gap in the property sales business, which weighed on first-half performance. MONAYONGPYONG is sequentially proceeding with the relevant procedures with the goal of launching the second phase of the Olympic Village project in the second half of the year. Through this, the company plans to strengthen a structure where its development and sales business and resort operations grow in tandem.
A MONAYONGPYONG official stated, “This year, we are strengthening systematic cost management and operational efficiency based on a solid foundation,” adding, “In the second half of the year, we will strive to improve performance and enhance corporate value by revitalizing operations during the peak season, diversifying overseas markets, and proceeding with the Phase 2 sales project for Olympic Village.”

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