Since 2001, SERI CEO has provided information services to CEOs, executives, and high-ranking government officials consisting of video lectures complemented by real-life meetings and field trips accompanied with professors, leadership experts, and art critics at an annual membership fee of 1.5 million won. SERI CEO has been spun off from the institute in November 2012 and has since been run as an independent unit.
Lee Chae-ho, Dongbu Securities analyst, said, "Last year SERI CEO recorded a sales revenue of 22.3 billion won, an operating profit of 10.9 billion won, and a net profit of 10.5 billion won, which are much better than those of Credu on a consolidated basis. With the latest acquisition, Credu could improve its competitiveness in terms of scale and scope of its content business."
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