Chips&Media Reports Operating Profit of 5.2 Billion KRW Last Year... Declares Dividend of 163 KRW per Share

[Asia Economy Reporter Minji Lee] Chips&Media announced on the 27th that its operating profit last year reached 5,199.38 million KRW, marking a 118% increase compared to the previous year. Revenue increased by 29% to 19.9 billion KRW, and net profit rose 225% to 6.2 billion KRW.

The company explained, "License sales increased by 17% compared to last year, and royalty sales grew by 39%. Mobile licenses were generated, and royalties from general industries increased."

On the same day, the company announced a cash dividend of 163 KRW per common share. The dividend yield is 0.7%, and the total dividend amount is 1,571.06 million KRW.