Woojine announced on the 19th that it recorded consolidated sales of 129.1 billion KRW, operating profit of 15.4 billion KRW, and net profit of 14.3 billion KRW last year. Both sales and operating profit reached the highest levels since the company's founding, continuing a two-year streak of record-breaking performance. The improved performance of Woojin and its key subsidiary Woojin Entec contributed to enhancements in both scale and profitability.
On a separate basis, sales and operating profit increased by 10% and 103%, respectively, reaching 63.8 billion KRW and 10.2 billion KRW. The rise in nuclear power plant operation rates and the resumption of new power plant construction led to strong sales of core products such as In-Core Instrumentation (ICI), driving the performance improvement.
A company representative stated, “The increase in sales of essential core instruments for nuclear power plant operations enabled us to achieve record-high performance for two consecutive years. Our key subsidiary Woojin Entec also contributed to the growth in consolidated results by recording strong performance through expanded orders for maintenance projects of nuclear power plant instrumentation and control equipment.”
They added, “With improvements in the internal and external environment for company growth, including new nuclear power plant construction and operation and an increased share of nuclear power generation, the positive performance trend is expected to continue this year.”
Meanwhile, Woojin decided to pay a year-end cash dividend of 150 KRW per share. Including the interim dividend of 50 KRW per share, the total annual dividend amounts to 200 KRW per share. In line with the strong performance, the company plans to continuously implement policies aimed at enhancing shareholder value and expanding shareholder returns.
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