From BigGo Finance · BigGo Finance · · 1m 10s
Celltrion Targets Q4 Profit of 600 Billion Won
Celltrion aims for 600 billion won Q4 profit as chairman tours global markets.
In brief
Celltrion aims for 600 billion won Q4 profit as chairman tours global markets. Celltrion targets 600 billion won Q4 operating profit after meeting first three quarters' targets. Originally reported by BigGo Finance.
Celltrion's Q4 Profit Target
Celltrion aims to achieve fourth-quarter operating profit of at least 600 billion won.
Q1-Q3 Profit Targets Met
Celltrion met quarterly profit targets of 300 billion won in Q1, 400 billion won in Q2, and 500 billion won in Q3.
Chairman Seo's Global Review
Chairman Seo Jung-jin held a review meeting with 80 local subsidiary officials in Uzbekistan.
Uzbekistan as Meeting Point
Uzbekistan was chosen as a central meeting point to reduce travel burdens and quickly grasp on-the-ground conditions.
Q4 Target Achievable
Celltrion believes the fourth-quarter target remains achievable despite weaker exchange rates.
Shareholder Returns Policy
Celltrion will return one-third of net profit through cash dividends or treasury share retirement.
Q4 Target Impact
Meeting the Q4 target would push annual operating profit above 1.8 trillion won, securing a record high.
In short
Celltrion targets 600 billion won Q4 operating profit after meeting first three quarters' targets.
