Financial statements and directors appointments approved for 업 카지노, Humedix, and HuM&C
[by Yu, Suin] 업 카지노 Group announced on the 26th that it held general shareholders' meetings and board meetings for its KOSDAQ-listed affiliates — 업 카지노, Humedix, and HuM&C — at the 업 카지노Global headquarters in Pangyo, Seongnam.
All agenda 업 카지노 of the three companies’ general shareholders’ meetings were approved as originally proposed.
업 카지노, the largest company of 업 카지노 Group by revenue, approved all items on the agenda today as originally proposed, including △approval of financial statements of the 9th term and cash dividends (330 Korean won per share) △ amendment to the Articles of Incorporation △ approval of the split-merger △ reduction of capital reserves △ appointment of directors and audit committee members (Song Soo-young, Yoon In-sang, and Park Kyung-mi as inside directors; Yoon Sung-tae as another non-executive director; Lee Moon-sung as an outside director and an audit committee member; and outside director Park Yong-gon as an audit committee member), and △ approval of the director remuneration limit.
Humedix and HuM&C also approved all 업 카지노 on the agenda, including the appointment of inside and outside directors.
Humedix approved agenda 업 카지노 including △ approval of financial statements of the 22nd term and cash dividends (330 Korean won per share) △ amendment to the Articles of Incorporation △ appointment of directors and audit committee members (Kang Min-jong and Yoon Yeon-sang as inside directors, Lee Ki-jeong as an outside director, outside director Park Sung-ho as an audit committee member, and Lee Ki-jeong as an audit committee member) △ approval of the director remuneration limit.
HuM&C approved agenda 업 카지노 including △ approval of financial statements of the 23rd term △ appointment of directors and an auditor (Kim Jun-cheol, Joung Jae-hwan, and Kim Hong-bae as inside directors; Yoon Sung-tae as another non-executive director; Noh Hong-in and Kim Woo-sung as outside directors; and Kim Oh-soon as an auditor) △ approval of director and auditor remuneration limits.
업 카지노’ CEO Song Soo-young was reappointed at the shareholders’ meeting on the 26th. With his many years of experience as a CEO of a global consulting firm, Song has been strengthening management and leading innovation as a CEO of 업 카지노 Global and 업 카지노 for the past three years. Accordingly, Song was reappointed as an inside director, as he was determined to be the right fit to manage 업 카지노 in the future.
At the general shareholders’ meeting, CEO Song presented a vision for the future including △ operation of a new injectable product line at the Jecheon 2nd Plant in the second half of this year △ export expansion of injectable 업 카지노 such as anesthetics △ strengthening biopharmaceutical business capabilities △ fostering R&D and innovation.
The major affiliates of 업 카지노 Group showed solid performance through company-wide efforts despite the difficult business environment last year. Based on consolidated financial statements, 업 카지노 recorded sales of 590.2 billion Korean won and operating profit of 39.7 billion Korean won, up 6.9% and -29.1% year-on-year, respectively. Based on individual financial statements, Humedix recorded sales of 161.9 billion Korean won and operating profit of 43.1 billion Korean won, up 6.3% and 15.6% year-on-year, respectively. Based on consolidated financial statements, HuM&C recorded sales of 47.2 billion Korean won and operating profit of 4.9 billion Korean won, -2.5% and 2.2% year-on-year, respectively.
The 업 카지노 Group also continues to look for ways to increase the shareholder value. In 2023, 업 카지노 and Humedix along with 업 카지노 Global have announced mid and long-term dividend policy. The companies are currently implementing plans to increase dividends per share by a minimum of 0% and a maximum of 30% compared to the dividends of the previous fiscal year over a three-year period (2023-2025) as well as a twice-a-year dividend plan of interim dividend and year-end dividend.
업 카지노’ CEO Song Soo-young says, “Despite the ongoing domestic and international economic recession and external uncertainties, major affiliates of 업 카지노 Group have maintained solid performance by proactively responding to strengthen fundamentals. We will make efforts to practice market-friendly value management along with efforts for sustainable growth.”
“We will further strengthen our compliance management and continue to grow based on fair trade and compliance, which are 업 카지노’ top corporate ethics that cannot be compromised.” he added.