Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Kia EV9 GT marks world debut at LA Motor Show
-
9
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
[THE INVESTOR] Naver, South Korea’s top internet portal operator, will continue to maintain a dividend payout ratio of 30 percent, the company said on Oct. 27.
“Since 2009, we have been giving 30 percent of net income to shareholders and we will continue to do so,” Naver said during a conference call to discuss its third-quarter financial and operating results.
It also added that the company has no plan to retire its treasury stocks.
The company's net profit surged 69.5 percent from a year earlier to 198 billion won (US$174.1 million) in the July-September period by growing sales from overseas and its mobile business.
Sales jumped 20.5 percent on-year to 1.01 trillion won while operating profit surged 27.6 percent to 282.3 billion won.
By Park Han-na (hnpark@heraldcorp.com)
“Since 2009, we have been giving 30 percent of net income to shareholders and we will continue to do so,” Naver said during a conference call to discuss its third-quarter financial and operating results.
It also added that the company has no plan to retire its treasury stocks.
The company's net profit surged 69.5 percent from a year earlier to 198 billion won (US$174.1 million) in the July-September period by growing sales from overseas and its mobile business.
Sales jumped 20.5 percent on-year to 1.01 trillion won while operating profit surged 27.6 percent to 282.3 billion won.
By Park Han-na (hnpark@heraldcorp.com)
