Brand X Corporation Reports 10.9 Billion KRW Operating Profit, Up 35% Year-on-Year

[Asia Economy Reporter Ji Yeon-jin] Brand X Corporation announced on the 14th that its consolidated sales for last year reached 172.6 billion KRW, an increase of 24.7% compared to the same period the previous year.

During this period, operating profit rose by 35.95% to 10.9 billion KRW, and net profit increased by 13.6% to 7.9 billion KRW.

The company explained that this was due to "expansion of sales in core businesses and improved profitability through more efficient advertising expenses."

It also announced a cash dividend of 40 KRW per common share. The total dividend amount is approximately 1.1 billion KRW, with a dividend yield of 0.4%.