Nexti, Increases Dividends and Expands Investment in New Businesses... "Dividend Rate Up to 1%"

[Asia Economy Reporter Yoo Hyun-seok] NextEye announced on the 15th that it has decided on a cash dividend of 16.6 KRW per common share as a year-end dividend for last year. The dividend yield is 1%, and the total dividend amount is 1,250.93 million KRW.

A NextEye official stated, "Although we have conducted year-end dividends every year, we were unable to do so last year, but this year we raised it to a dividend yield level of 1%. Since we secured large-scale cash liquidity through the sale proceeds of a subsidiary last year, we plan to accelerate new business initiatives this year while continuously increasing dividends."

NextEye, which operates in the cosmetics business and machine vision inspection equipment business, received approximately 63.4 billion KRW from the sale of its subsidiary Inometry last year. The company aims to improve its financial structure using the sale proceeds and successfully enter the bio new business this year.

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