Daechang Solution 2026 Q1: Consolidated Operating Profit Turns Positive

Consolidated Q1 2026 revenue KRW 21.2 billion, operating profit KRW 1.5 billion, turning positive from operating loss of KRW 1.2 billion in same period last year
Separate Q1 revenue KRW 14.5 billion, operating profit KRW 0.9 billion
Debt ratio 297.4%, still high but net profit positive (KRW 1.0 billion) signals potential financial improvement
Credit rating B (Korea Rating Data), unchanged from prior year (downgraded from B+ in 2024)
No shareholder returns: no dividends or share buyback/cancellation
Derivative liabilities KRW 2.1 billion, risks from convertible bonds
Order backlog KRW 70.6 billion, securing future revenue base