south korea expecting increased dividends from stateowned companies
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

South Korea expecting increased dividends from state-owned companies

Arab Today, arab today

Arab Today, arab today South Korea expecting increased dividends from state-owned companies

Renault Samsung Motors company
Seoul - Yonhap

The South Korean government is expecting an 11 percent on-year increase in dividends next year from state-controlled companies that have improved their earnings, a parliamentary report showed Sunday.
A budget plan submitted to the National Assembly showed the government has included 361.6 billion won (US$330.6 million) as income from dividends from state-controlled companies next year, an 11.2 percent rise from this year's 325.6 billion won.

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