Seoul Auction Reports Operating Profit of 19.47539 Billion KRW Last Year... 200 KRW Cash Dividend
[Asia Economy Reporter Minji Lee] Seoul Auction announced on the 15th that it recorded an operating profit of 19,475.39 million KRW last year, turning to a profit. Sales increased by 174% to 79 billion KRW, and net profit turned positive at 16.7 billion KRW. The company stated, "Sales and profits increased due to the growth of the art market."
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On the same day, Seoul Auction announced that it decided on a cash dividend of 200 KRW per common share as a year-end dividend. The total dividend amount is 3,196.05 million KRW, with a dividend yield of approximately 0.6%. The scheduled dividend payment date is April 29.
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