Woojin, Successful Annual General Meeting... "Key Agendas Including Appointment of Internal and External Directors Passed"

Woojine, a specialized company in industrial precision measuring instruments, announced on the 24th that it held the 45th regular general meeting of shareholders at its headquarters in Dongtan, Hwaseong-si, Gyeonggi-do.

At this regular general meeting, all five agenda items, including △approval of the financial statements for the 45th fiscal year △appointment of inside directors △appointment of other non-executive directors △approval of the director remuneration limit, were passed as originally proposed.

Woojine recorded its highest-ever sales of 140.7 billion KRW last year due to strong performance in its core business and improved results of major subsidiaries. During the same period, operating profit and net profit reached 16.1 billion KRW and 16.8 billion KRW, respectively.

A Woojine official stated, "Achieving the highest-ever performance last year allowed us to repay the shareholders who trusted and invested in the company," adding, "This year, we will continue to enhance shareholder value through performance growth and proactive shareholder return policies."

Meanwhile, last month Woojine strengthened its shareholder return policy by increasing the year-end dividend from 150 KRW per share to 200 KRW per share and deciding to acquire and retire treasury shares worth 1 billion KRW.