Pyeongchang 2018 announces multimillion-dollar surplus

BEIJING -- The President of the Organizing Committee for Pyeongchang 2018 (POCOG) Lee Hee-beom announced the Games has achieved a multimillion-dollar surplus at the strategic part of the Pyeongchang 2018 Debriefing, which was held here on June 4 and 5.

"I was pleased to say that Pyeongchang 2018 can already announce a multimillion-dollar surplus," Lee said. "It seems that Beijing will continue with this trend of Games that break even, or, as in the case of Pyeongchang, make a profit."

"This debriefing showed that the reforms of Olympic Agenda 2020 now really have come to fruition," said the International Olympic Committee (IOC) President Thomas Bach at Tuesday's conference.