The Company has a dividend policy to pay dividends at a rate of not less than 30% of net profit based on the Company’s separate financial statements after deduction of corporate income tax and allocations to all types of reserves as required by law and the Company in each year.
However, the dividend payment rate may vary from the stated rate depending on the Company’s operating results, financial position, liquidity, investment requirements, additional investments, business expansion, the need to reserve funds for loan repayments or for working capital within the Company, conditions and restrictions under loan agreements, and other factors relevant to business management as deemed appropriate by the Board of Directors and/ or the shareholders of the Company.