NE Neungyul, Operating Profit Increased by 102% Last Year... 60 Won Cash Dividend per Share

by Gi Yeonjin

Published 14 Feb.2022 16:29(KST)

[Asia Economy Reporter Ji Yeon-jin] NE Neungyul announced on the 14th that its individual sales revenue increased by 3.3% last year to 77.8 billion KRW.

During this period, operating profit rose by 102.3% to 5.1 billion KRW, and net profit increased by 318.5%.

The company explained that this was the result of expanding sales in the educational publishing business and platform business, as well as focusing on import-centered business.

NE Neungyul also decided to pay a cash dividend of 60 KRW per common share as of the end of last year. The total dividend amount is approximately 900 million KRW, with a dividend yield of 0.5%.