LG Uplus : Forecast for Business Performance, etc. (Fair Disclosure)
February 03, 2022 at 04:09 am EST
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Forecast for Business Performance, etc. (Fair Disclosure)
※ The following are interim figures, and may be different from final data.
1. Details of forecasted Information
Category (KRW bn)
2022
Fiscal year
2023
Fiscal year
2024
Fiscal year
Forecast period
Start date
2022-01-01
-
-
End date
2022-12-31
-
-
Sales
-
-
-
Operating income
-
-
-
Net income before income tax
-
-
-
Net income
-
-
-
CAPEX
-
-
-
2. Basis for forecast or estimation
The forecast information is based on LG Uplus's latest performance results and management plan prepared according to industry trends and market analyses.
3. Details of information released
Information providers
LG Uplus Corp. IR Team
Information recipients
Domestic and foreign investors, mass media organizations, etc.
Date & time of information released
1/28/2022 at 15:00
Title and place of event held
Conference call for 2021 4Q earnings release
4. Contact points (Dept. name/tel.)
070-4080-9849
5. Other matters to be factored into investment decisions
[Guidance for 2022 LG Uplus Management Goals]
- 5% growth in service profits relative to last year based on the separate financial statements
※ Dividend forecast guide
- Based upon the principle of enhancing shareholder value, LG Uplus determines dividends within the profits available, taking into account investments for the Company's sustained growth, financial structure, management environment, etc. In order to strengthen the shareholder return policy, from the 2022 fiscal year, LG Uplus plans to change the dividend policy by increasing the existing dividend payout ratio of 30% or more to 40% or more of the net income based on the separate financial statements (excluding one-time non-recurring profit). By communicating with the market through this dividend policy, LG Uplus will strengthen sustainable management and improve the predictability of shareholder return.
- The data above has been reasonably and faithfully prepared based on LG Uplus's latest earnings release and industry/market analyses, etc. As they are forecasted figures including estimates, however, please be advised that they may differ from the actual results depending on the changes in the domestic and foreign management and business environments.
※ Related disclosure
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Disclaimer
LG Uplus Corporation published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 09:08:03 UTC.
LG Uplus Corp is a Korea-based company engaged in the provision of telecommunication services. The Company operates the business through two segments. The Telecommunication and Other Sales segment is engaged in the wired and wireless communication services including mobile communication services, triple play services (TPSs), data services, telephone services, and Internet protocol television (IPTV) services. The Terminal segment is engaged in the distribution of wired and wireless electronic terminals such as mobile phones, tablets and smart watches. The Company operates its businesses in the domestic and overseas markets such as Europe, Asia and United States.