The 55th regular shareholder meeting was hosted at LOUNGE the HANIL at the eighteenth floor of the corporate headquarters building on March 17. At this event, the company provided a report of the previous year’s business records for approval. Director appointments, director pay limit raise, and auditor pay limit raise were put up for approval, and was passed as proposed by the company.

Hanil Cement CEO Gwak Eui Young said in his greetings, “While this year shows signs of slowed growth for the construction industry, costs such as soft coal and railway freight rates are increasing, worsening management conditions in the cement industry.” On this point, the CEO promised that his company will concentrate its core capabilities to overcome crises and turn this into an opportunity to further develop corporate competitiveness.