Ringnet announced on the 12th that it will implement an 'aggressive IR (Investor Relations) strategy' promising continuous communication with shareholders while setting new milestones for corporate value increase and growth in the market.
The company completed its business succession at the end of last year when the book value per share (BPS) reached 7,766 KRW. Expanding its business through data center construction, cloud expansion, and AI infrastructure, Ringnet announced an increased dividend payout ratio, aiming to raise the shareholder return rate based on net profit to 30% through thorough accounting management.
Ringnet has set a target to maintain its current corporate value level at a minimum price-to-book ratio (PBR) of 1 or higher, and based on a low price-to-earnings ratio (PER) and high return on equity (ROE), aims to exceed a market capitalization of 150 billion KRW. This means the stock price should be valued above the book value per share. The goal is to deliver greater value to investors.
Ringnet’s announcement of this shareholder-friendly policy strategy expresses its determination to substantially increase corporate value through active communication with investors and transparent management. The company emphasized, "We will build trust through continuous dialogue with shareholders and actively promote our growth strategy and value," adding, "These efforts are expected to play an important role in ensuring long-term stock price stability and growth."
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