Dongkuk Steel Targets Price-to-Book Ratio of 0.3 Times by 2028
Bitget2026/10/21 06:35- Dongkuk Steel targets a price-to-book ratio of 0.3 times and return on equity of 3%-4% by 2028.
- The plan also targets a price-to-earnings ratio of 7-8 times.
- Shareholder returns will include minimum annual dividends of KRW 400 per share and cancellation of all treasury shares by 2027.
- Operational improvements will focus on reducing fixed costs through production efficiencies and expanding sales of high-value-added products.
- Growth plans center on increasing exports, pursuing new businesses and diversifying the revenue portfolio.
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