Taewoong Logistics (CEO Han Jae-dong and Cho Yong-jun), a comprehensive logistics service provider, announced on the 25th that it continued its external growth, recording consolidated sales of KRW 1.1173 trillion in 2025. On the same day, the company announced a cash dividend of KRW 100 per share.
This sales increase reflects increased transportation and logistics service operations, including increased freight volumes from major clients. However, profit and loss decreased due to factors such as lower shipping rates, foreign exchange losses, and additional bad debt provisions for major clients. Consolidated operating profit for 2025 was KRW 2.3 billion, and net loss for the period was KRW 5.1 billion.
The company stated, “Despite the fluctuations in the freight environment, we have maintained external growth based on the expansion of cargo volume,” and “We are examining factors that affect profitability due to changes in the market environment, and are focusing on improving the efficiency of our business portfolio through diversifying items, expanding our sales force, and strengthening our services, as well as enhancing our risk management system.”
The total cash dividend amount is KRW 3,887,073,800, and is scheduled to be finalized upon approval at the regular shareholders' meeting on March 26th. The dividend record date is March 31st, and the payment date is April 24th. A company representative stated, "We will continue to review our shareholder return policy, taking into account our financial condition, management performance, and investment plans."
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