Dongbu Corporation said it will make "profitability-centered, substance-focused management" its top priority this year.
Dongbu Corporation held its 57th regular shareholders meeting on Mar. 24 at its headquarters in Yeoksam-dong, Gangnam-gu, Seoul, and approved, as originally proposed, key agenda items including the financial statements, amendments to the articles of incorporation, and appointments of directors and auditors.
At the meeting, along with the 57th-term financial statements, a cash dividend of 300 won per common share and 350 won per preferred share was approved. In addition, Vice Chairman Heo Sang-hee of Dongbu Corporation and CEO Yun Jin-o were reappointed as inside directors, and Auditor Lee Hyun-su of Dongbu Corporation was reappointed as auditor.
Yun said, "Despite last year's uncertain external environment, we achieved balanced results with 1.7586 trillion won in sales on a consolidation basis and 42.6 billion won in operating profit," adding, "We secured a record-high 4.3347 trillion won in new orders on the strength of our competitiveness in public works, laying the foundation for unwavering growth."
Yun said, "This year, we will make 'profitability-centered, substance-focused management' our top priority, conduct a comprehensive review of our cost structure, and launch full-scale organizational improvements by enhancing efficiency across all business execution," adding, "We will cement market trust by making safety and quality our foremost values and build a foundation for sustainable growth."