Intellian Tech's Sales Increased by 25% Last Year to 137.9 Billion KRW

[Asia Economy Reporter Ji Yeon-jin] Intellian Technologies announced on the 14th that its consolidated sales last year reached 137.9 billion KRW, a 25% increase compared to the previous year.

During this period, operating profit decreased by 48% to 1.6 billion KRW, while net profit surged by 808% to 5.2 billion KRW.

The company stated, "Due to increased demand in the merchant ship market, sales of VSAT antennas rose, and sales of low Earth orbit satellite communication antennas began." It added, "Operating profit declined due to rising maritime freight rates, increased raw material costs, and investment expenses, but non-operating profit increased due to exchange rate fluctuations."

Intellian Technologies also decided to pay a cash dividend of 100 KRW per common share as of the end of last year.

The total dividend amount is approximately 800 million KRW, with a dividend yield of 0.1%.