Namyang Dairy Products said on the 27th it will ramp up shareholder returns, including boosting dividends more than 12-fold from a year earlier.
At 9 a.m. on the 27th, Namyang Dairy Products held its 62nd annual shareholders meeting at the Dosan240 Building in Nonhyeon-dong, Gangnam-gu, Seoul, and shared the results of normalizing management, future growth strategies, and plans to enhance shareholder value.
President and CEO Kim Seung-eon, the presiding chair of the meeting, said in opening remarks, "2025 was a meaningful year in which, as all employees pushed ahead with a profitability-centered strategy, we broke a five-year streak of losses and returned to the black," adding, "In 2026, we will make it the first year of entering a stable growth trajectory by expanding sales centered on growth channels and categories and improving profitability."
According to the Financial Supervisory Service's Data Analysis, Retrieval and Transfer System, Namyang Dairy Products posted 914.1 billion won in consolidation sales, 5.2 billion won in operating profit, and 7.1 billion won in net profit in 2025. Sales fell 4% from a year earlier, but operating profit swung to a surplus from a 9.8 billion won loss.
Kim said, "We will do our part to enhance shareholder value and restore market trust through expanded dividends and the acquisition and cancellation of treasury shares." At the meeting, a plan to increase dividends was approved. Dividends were set at 1,428 won per common share and 1,433 won per preferred share, with total dividends of about 11.2 billion won, up about 1,250% from a year earlier. In particular, the company decided to return in full as a special dividend to shareholders the entire 8.27 billion won in damage-compensation deposits related to embezzlement and breach of trust by the former owner family. Namyang Dairy Products said, "Through this shareholder return, we will substantively wrap up the risks from past management and strengthen a transparent and responsible management system."
At the venue, a question was raised about measures to address limits in the domestic market. A Namyang Dairy Products official said, "We are actively seeking overseas expansion by diversifying export destinations."
Meanwhile, at the meeting, all key agenda items were approved as originally proposed, including ▲ approval of financial statements ▲ appointment of new directors ▲ appointment of a new auditor ▲ approval of the cap on director compensation. Hahn & Company Vice President Jeong Jun-yeong was newly appointed as an other non-executive director, and Odohwan, managing attorney at Law Office River, was newly appointed as auditor.