[Featured Stock] "Annual Revenue Surpasses 1.5 Trillion Won" Kyungdong Navien Jumps 8%

The share price of Kyungdong Navien, which has surpassed 1.5 trillion won in annual revenue, is showing strong gains in early trading.

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As of 10:14 a.m. on the 12th, Kyungdong Navien is trading at 67,600 won, up 5,400 won, or 8.68%, from the previous day.

Kyungdong Navien announced in a provisional disclosure the previous day that its consolidated preliminary sales for last year came to 1,502.9 billion won, an increase of 11.0% year-on-year. Operating profit was 144.097 billion won, up 8.7% over the same period. In contrast, annual net income came to 90.381 billion won, down 27.3% from a year earlier.

The previous day, Kyungdong Navien also decided on a cash dividend of 750 won per common share. The dividend yield based on common shares is 1.3%, with a record date of December 31 last year, and the total dividend payment amounts to 10.839699 billion won.

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