Pyeonghwa Jeonggong Reports Operating Profit of 14.4 Billion Won Last Year, Down 7% Year-on-Year

[Asia Economy Reporter Minji Lee] Pyeonghwa Precision announced on the 3rd that its operating profit for last year was 14.44479 billion KRW, a 7% decrease compared to the previous year. Sales revenue decreased by 12% to 949.1 billion KRW, and net profit dropped 74% to 8 billion KRW.

The company stated, "This reflects the impact of non-recurring gains due to corporate tax refunds in the previous fiscal year."

On the same day, the company announced a cash dividend of 180 KRW per share. The dividend yield is 2.2%, and the total dividend amount is 3.69658 billion KRW.