Aekyung Industrial "Achieving 1 Trillion KRW in Sales by 2027... Increasing Shareholder Returns"

Announcement of Corporate Value Enhancement Plan
"Enhancing Corporate Value through Profitability Strengthening and Increased Shareholder Returns"
Dividend Payout Ratio Raised to Over 35%

Aekyung Industrial announced on the 19th a value enhancement plan (Value-Up Plan) focused on expanding shareholder returns.

Aekyung Industrial plans to actively pursue shareholder returns based on growth and profitability and enhance corporate value.

Aekyung Industrial CI.

First, it set a mid- to long-term goal of achieving KRW 1 trillion in sales by 2027 and maintaining a return on equity (ROE), a key profitability indicator, above 10%. Additionally, it plans to raise its undervalued corporate value compared to peers in the same industry to achieve a price-to-book ratio (PBR) of 1.5 times.

To expand shareholder returns, the dividend payout ratio will be increased to over 35% by 2027. For active shareholder returns, dividends will be raised from the current level of about 30% payout ratio to over 35%. Aekyung Industrial plans to increase cash dividends while maintaining a high payout ratio to boost dividend yield. Furthermore, it will improve price-earnings ratio through share repurchases and other measures to increase total shareholder return.

To achieve these goals, Aekyung Industrial presented plans including ▲ strengthening global competitiveness through globalization of mega brands and entry into new countries ▲ securing distribution channel competitiveness centered on domestic and overseas digital channels ▲ securing profitability by strengthening the cosmetics portfolio and premium lines. Through these, it aims to enhance sales growth and profitability.

An Aekyung Industrial official stated, "Stable profit securing and shareholder returns require sales growth as a premise," adding, "We will pursue shareholder-centered management based on growth through expanding global business areas and strengthening the cosmetics sector and the fruits of that growth."

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