Korea Technology to Hold Shareholders' Meeting on the 30th... "Enhancing Shareholder Value through Performance"

[Asia Economy Reporter Jang Hyowon] Korea Technology, a KOSDAQ-listed company (CEO Shin Yonggu, Lee Byunggil), announced through the "Notification of Reasons for Holding General Shareholders' Meeting Concentration Day" that it will hold its shareholders' meeting on the 30th of this month.

The company stated that the reason for holding the general shareholders' meeting on the concentration day is a "simple reason due to internal settlement and external audit schedules," and added, "If malicious rumors are generated regarding the meeting schedule, we will take legal action."

Shin Yonggu, CEO of Korea Technology, said, "There are no issues with the performance or financial statements, and the stigma caused by the affiliated company Korea Corporation will be resolved along with this regular shareholders' meeting."

He also added, "The company will continue its remarkable growth this year following last year, and we will do our utmost to enhance shareholder value."

Korea Technology announced through a preliminary earnings disclosure on the 3rd that its consolidated sales last year increased by 106.9 billion KRW (49.4%) compared to the previous year, reaching an all-time high, and operating profit also increased by 17.6 billion KRW, achieving a performance turnaround.

Additionally, Korea Technology's subsidiary Daewoo Shipbuilding & Marine Engineering Construction signed a contract in January for a wind power complex construction project worth 480 billion KRW.

This content was produced with the assistance of AI translation services.