Paradise Co Reports Lower 2Q Profit Despite Higher Sales in South Korea

Paradise Co Ltd, which operates foreigner-only casinos in South Korea, reported a decline in net income attributable to shareholders for the 2Q. The company’s net income fell 24.4% year-on-year to just under KRW15.79 billion, equivalent to US$11.2 million. The result for the 3 months ended June 30 also represented a s…