Bitsem Electronics Reports Operating Profit of 1.1 Billion KRW Last Year, Down 41% YoY
[Asia Economy Reporter Minji Lee] Bitsaem Electronics announced on the 10th that its operating profit for last year was 1.10592 billion KRW, a 41% decrease compared to the previous year. Net profit recorded 964.02 million KRW, down 48%.
The company stated, "The profitability of consolidated subsidiaries deteriorated."
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On the same day, the company announced that it decided on a cash and stock dividend of 290 KRW per common share as a year-end dividend. The total cash dividend amounted to 287.32 million KRW, and the total stock dividend amounted to 1.37798 billion KRW. The total dividend reached 1.6 billion KRW.
This content was produced with the assistance of AI translation services.
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