Samyang NCChem Posts Strong Q1 2026 Results – Sales KRW 40.7B, Operating Profit KRW 6.5B

Q1 2026 revenue KRW 40.7B, operating profit KRW 6.5B, net income KRW 5.7B (estimated YoY revenue +33%, operating profit +85%)
Production utilization improved: PR materials 70.5% (FY2025 63.0%), Wet-Chemical 66.1% (FY2025 48.7%)
Planned KRW 6.06B facility investment to enhance PR material productivity (KRW 1.35B spent, KRW 4.71B remaining)
Total assets KRW 150.1B, debt-to-equity ratio 20.3%, cash and equivalents KRW 19.1B – sound financial position
Conducted 1:1 stock dividend (free increase) during the quarter (capital from KRW 5.5B to KRW 11.0B, shares increased by 10,944,140)
No pending lawsuits or material contingent liabilities; no unusual items besides pledged assets