BOD_Executive Officers   Investor Information   ¡æ Korean  
 
   
 
 
         
 
 
 

A good reputation is one of the most valuable assets a corporation can have. But it's not an entitlement. It's something that must be earned day-in and day-out in every interaction we have with our stakeholders. Guided by our values and standards as embodied in our new code of conduct, we are now achieving a higher level of openness, integrity, and discipline in all our relationships, inspiring trust that will serve us well in years ahead.

 

 
Both Standard & Poor's and Moody's raised our credit ratings to match Korea's sovereign rating in 2003. While our dividend payout ratio held steady at around 25%, strong earnings produced a dividend of KRW 6,000 for our shareholders, a remarkable 71.4% increase over 2002. Employee productivity also continued to increase, rising 24.2% in terms of sales per employee.
 
 
 
   
  copyright 2003 POSCO