Hanjin Shipping approves dividend for 10 years in a row

Hanjin Shipping approved a 10% par value cash dividend at the 71st annual shareholdersЎЇ meeting held at its Seoul head office today.
The meeting also approved the 2008 financial statements with KRW 9.36 trillion in total sales, KRW 334.4 billion in operating profit and KRW 320.4 bullion in net profit. 
Benefiting from the companyЎЇs shareholder-oriented management policy, Hanjin ShippingЎЇs shareholders have enjoyed cash dividend for ten years in a row since 1999. 
Ў°We owe all that we are today to the continuous support of our shareholders. It is our job to make Hanjin Shipping a success that our shareholders deserve and to try our best to become a premier total logistics company trusted by the global communityЎ± added, Young Min Kim, President& CEO of Hanjin Shipping. 
In 2009 Hanjin Shipping aims to focus on reinforcing its core strengths for quality growth and in preparation for future. Also the company will continue to improve its management and operation system through continuous innovation while diversifying its business portfolio to shipping/logistics related areas such as 3PL, terminal development, ship repair yard, ship management and more. 

Source: Transportweekly