Busan Sanup Reports Operating Profit of 4.5 Billion Won Last Year, Down 47% Year-on-Year

Published 03 Mar.2021 14:12(KST)

[Asia Economy Reporter Minji Lee] Busan Industry announced on the 3rd that its operating profit last year was 4.54736 billion KRW, down 47% compared to the previous year. Sales decreased by 18% to 115.6 billion KRW, and net profit was recorded at 4.1 billion KRW, down 40%.

The company stated, "Profits declined due to a decrease in sales caused by the economic downturn."

On the same day, Busan Industry announced a cash dividend of 250 KRW per share as a year-end dividend. The dividend yield is 0.2%.