Webcash Net Profit Up 100%... 250 Won Cash Dividend Per Share

[Asia Economy Reporter Ji Yeon-jin] Webcash announced on the 3rd that its sales revenue increased by 19% last year to 72.8 billion KRW, and operating profit rose by 54.05% to 14.2 billion KRW. Net profit for the period increased by 100.12% to 18.5 billion KRW.

The company explained, "Sales revenue and operating profit increased due to the growth in sales of high-profit B2B fintech products, and pre-tax income and net profit increased due to the rise in financial income."

Webcash decided to pay a cash dividend of 250 KRW per common share.