Kumho Petrochemical stated on the 10th that it aims to achieve an average annual sales growth of 6% from this year until 2030.
Kumho Petrochemical presented this goal through its announcement of plans to enhance corporate value on this day and noted, "We will secure the foundation for sustainable growth by strengthening our three major growth strategies: enhancing eco-friendly automotive solutions, expanding bio and sustainable materials, and accelerating the transition to high-value specialty products."
The corporation plans to maintain a return on equity (ROE) level of 7% until 2026 and increase it to 10% by 2030. ROE is an indicator that reflects how efficiently a corporation operates its capital, represented as the ratio of period profit to equity.
The company stated that it plans to maintain a shareholder return rate of 30-40% of net profit based on separate financial statements.