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All My Tour and Hanssem report growth in B2B and B2C sectors
South Korean companies All My Tour and Hanssem reported significant shifts in their business performance during the first half of the year.
All My Tour, a travel B2B solution provider, saw its cumulative accommodation transaction volume reach 33.8 billion won in the first half of the year, a 53.3% increase year-on-year. This growth was primarily driven by its B2B sector, which grew by 139%. Approximately 79% of room sales were generated through its global B2B cloud channeling solution, catering largely to inbound foreign tourists. The company is currently working on ‘Project Talos’ with Seoul Garden Hotel to automate hotel operations and aims for a KOSDAQ listing by 2028.
Hanssem reported a fivefold increase in second-quarter operating profit to 11.3 billion won, despite a 9.2% decline in total revenue to 417.2 billion won. While the B2B sector struggled due to a downturn in the construction industry, the company saw growth in its B2C segment. Specifically, its Rehouse business revenue rose by 12.8%, and online home furnishing sales grew by 11.7%. Profitability was further supported by improved cost ratios and reduced selling and administrative expenses.