KPX Development subsidiary net profit down 23% due to FVPL valuation loss

Subsidiary KPX Development's 2025 individual results: revenue 6.16 billion won (+4.2%), operating profit 0.70 billion won (-0.6%), net profit 8.01 billion won (-23.1%)
Pre-tax profit down 36.1% to 8.01 billion won due to fair value loss on FVPL
Financial position: total assets 153.1 billion won, liabilities 15.2 billion won, equity 137.9 billion won (no capital impairment)
Subsidiary's equity stake accounts for 14.9% of parent's total assets (2024 separate basis)
Operating profit slightly decreased; net profit plunge attributed to one-off valuation loss

Filing: Change in Sales or Profit Structure of 30% (15% for Large Corporations) or More (Key Management Matters of Subsidiary)
Company: KPX Holdings (092230)
Submission: KPX Holdings Co., Ltd.
Receipt: 02-03-2026
Under KRX KOSPI Market Division