- Reported KRW 367.6 billion in revenue and KRW 38.5 billion in profit before tax in 2020… Allocated KRW 1,000 in dividends per common stock
- Reinforced aseptic leadership, focusing on improving profitability and competitiveness in container business… Targeting KRW 371.5 billion in revenue for this year

▲ The 7th annual shareholder meeting of Samyang Packaging was held on Mar. 24 in the auditorium on the first floor of the Samyang Group’s headquarters in Jongno-gu, Seoul.

Samyang Packaging (CEO Jo Dok-hee ), a packaging affiliate in the Samyang Group, announced that the company held the 7th annual shareholder meeting on Mar. 24 in the auditorium on the first floor of the Samyang Group’s headquarters located in Yeonji-dong, Jongno-gu, Seoul. All of the following 5 agenda items were resolved as proposed: approving the 7th financial statement; partially amending articles of incorporation; appointing directors; and approving compensation limits for directors and auditors.

In a sales report for 2020, revenue was reported as KRW 367.6 billion and profit before tax was KRW 38.5 billion. The cash dividend for KRW 1,000 per common stock was resolved as per the approval of the 7th financial statement.

In regards to appointed directors, Vice Chairman Kim Joeng  of Samyang Packaging was re-appointed as an inside director while Inside Director Yoon Seok-hwan  of Samyang Packaging was newly appointed as a non-executive director.

CEO Jo Dok-hee said, “We are targeting KRW 371.5 billion in revenue and KRW 52.5 billion in profit before tax for this year. By establishing the 5th aseptic production facility, we will strengthen our aseptic market dominance, enter new markets, expand major customers, and improve profitability in container business.”