[Conference Call] Hanwha Ocean: "No Dividend Planned This Year...Considering MASGA Investment and More"
At its earnings conference call for the fourth quarter of last year held on February 4, Hanwha Ocean announced, "This year, we plan to invest in an open yard to improve productivity and to expand our investment in the United States, including MASGA. Given that we are prioritizing growth investments and securing financial soundness, we do not plan to pay dividends."
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Hanwha Ocean stated, "We have gradually improved our financial structure, securing distributable profits by posting a net profit for two consecutive fiscal years," adding, "Based on this, we are reviewing shareholder return policies, including dividends, over the mid to long term, as long as they do not undermine our financial stability."
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