Chokwang Paint Declares Cash Dividend of 200 KRW per Common Share

[Asia Economy Reporter Ji Yeon-jin] Jogwang Paint announced on the 23rd that it has decided to pay a cash dividend of 200 KRW per common share as of December 31 last year. The total dividend amount is approximately 2 billion KRW, with a dividend yield of 3.12%.

The company recorded consolidated sales of 202.1 billion KRW last year, a 1% decrease compared to the previous year, and an operating loss that expanded by 1215% to 4.7 billion KRW. Net profit turned positive to 5.7 billion KRW.