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Classys: One of Korea's Top Beauty Medical Device Makers + Higher Shares Cancellation and Dividends

Classys: One of Korea's Top Beauty Medical Device Makers + Higher Shares Cancellation and Dividends

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Douglas Kim
Mar 08, 2024
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Douglas Research Insights
Douglas Research Insights
Classys: One of Korea's Top Beauty Medical Device Makers + Higher Shares Cancellation and Dividends
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  • Classys is one of the top beauty medical device companies in Korea. Classys’ main products include Shurink Universe and Volnewmer.

  • We have a positive view of Classys (214150 KS). Classys is trading at relatively reasonable valuations, considering the company's strong growth in sales and profits.

  • On 28 February, Classys announced a shareholder return amount of 38 billion won (including share cancellation of about 25 billion won and dividend payout of 13 billion won).

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