Dong-A Jijeol Reports Operating Profit of 3.2 Billion KRW Last Year, Down 86% YoY

[Asia Economy Reporter Minji Lee] Donga Geological announced on the 19th that its operating profit last year was 3.2 billion KRW, down 86% compared to the previous year. Sales decreased by 17% to 314.6 billion KRW, and net profit fell 90% to 1.9 billion KRW.

The company explained, "Due to the prolonged COVID-19 situation, overseas site bidding and construction delays caused a decrease in sales and profits."

On the same day, Donga Geological announced a year-end dividend of 75 KRW per common share. The dividend yield was 0.5%, with a total dividend amount of 847.5 million KRW.