Seoul Auction Reports Operating Profit of 19.47539 Billion KRW Last Year... 200 KRW Cash Dividend

[Asia Economy Reporter Minji Lee] Seoul Auction announced on the 15th that it recorded an operating profit of 19,475.39 million KRW last year, turning to a profit. Sales increased by 174% to 79 billion KRW, and net profit turned positive at 16.7 billion KRW. The company stated, "Sales and profits increased due to the growth of the art market."

On the same day, Seoul Auction announced that it decided on a cash dividend of 200 KRW per common share as a year-end dividend. The total dividend amount is 3,196.05 million KRW, with a dividend yield of approximately 0.6%. The scheduled dividend payment date is April 29.