Goryeo Industry Declares 40 Won Cash Dividend Per Share... Operating Profit Halved Year-on-Year

by Gi Yeonjin

Published 23 Feb.2022 14:27(KST)

Updated 23 Feb.2022 14:31(KST)

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[Asia Economy Reporter Ji Yeon-jin] Koryo Industry announced on the 23rd that it will pay a cash dividend of 40 KRW per common share. The total dividend amount is approximately 1 billion KRW, with a dividend yield of 1.4%.

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Koryo Industry recorded consolidated sales of 213.4 billion KRW, an increase of 12.1% from the previous year, and an operating profit of 4.8 billion KRW, a decrease of 47%. Net profit for the period was 4.6 billion KRW, down 31.5%.

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