[Korea financial newspaper ohahreum News] Bulletin of LG U + vice "in this year is to exhibit the IoT, artificial intelligence (AI), the differentiating capabilities of Big Data in market conditions emerge and rapidly changing as innovations, LG U + only I will focus on the business, "said" are continually improving the efficiency of existing businesses and new businesses to be achieved must be said that the first class. "
Following Issues Vice "artificial intelligence, in big data, such as new business areas will bring together competencies through collaboration with affiliates, and build a solid foundation through strategic alliances with global operators," said, "This year the home IoT subscriber 1 million people and the breakthrough goal, we will strive to earn the IoT industry in performance, "he said.
LG U + has decided to raise the dividend per share held '21st Annual General Meeting of Shareholders' office building in Yongsan, Seoul 17 days underground auditorium and announced the year 2017 business plan.
2016 LG U + has a maximum recording performance after the merger, one of only four 3 mobile to give the title of "earnings guidance exceeded for three consecutive years to achieve."
Improvement of financial structure through increasing management efficiency with the increase in revenues was also the market value of the company. Net debt was recorded at 3.6407 trillion won, down 14.6% year-on-year, debt-to-equity ratio stood at 148.4% compared to the previous year, down 20.2% p.
In the period Shareholders' Meeting 21 audit reports, this decision was for sales reporting and financial statements 2016, directors / audit committee, senior director remuneration such progress.
The General Meeting of Shareholders 2016 operating income 9.0275 trillion won, and operating profit was recorded approve the financial statements, including 746.5 billion won, 492.7 billion won net profit.
Also whilst LG U + has come out to watch the net dividend payout of 30% of shareholder value promised, has decided to raise one common share cash dividend paid in the previous year to 350 won $ 0.25.
The LG U + is the re-election rested baksangsu Kyung Hee University management professor with outside directors. Baksangsu Adjunct Professor audit committee.
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