CJ Korea Express' operating profit last year was 480.2 billion won, an increase of 16.6% from the previous year

CJ Korea Express, a major Korean logistics company, announced on the 7th that it recorded consolidated sales of 11,767.9 billion won (approximately 1,314.8 billion yen) and operating profit of 480.2 billion won (approximately 53.6 billion yen) in 2023.
Announced. Sales decreased by 3% from the previous year due to the global economic slowdown, but operating income increased by 16.6% due to increased new orders in the domestic business and sustained productivity improvements.
According to the company, sales in the home delivery and e-commerce business rose to 3.7227 trillion yen due to stronger competitiveness in guaranteed delivery services and increased volumes in the fashion and beauty fields.
Wong achieved operating profit of 246.1 billion won. The CL business recorded sales of 2,853.6 billion won and operating profit of 327.8 billion won due to new orders for logistics consulting and productivity innovation.
did. The Korean business unit as a whole achieved year-over-year growth in both sales and operating profit. In the global division, sales and operating income decreased due to the decline in trade power, but sales and operating income decreased in the fourth quarter (10-12
The company is said to be on a recovery trend in April, due to growth in strategic countries such as the United States and India, as well as revitalization of its forwarding business. In the construction sector, orders for industrial facilities exceeded 1 trillion won, contributing to sales growth.
Ta. The company also announced that it will pay a cash dividend of 500 won per share this year. The dividend record date is April 1st.