Songwon Industrial: Q1 Sales -2.4% YoY, Net Profit +272.5% YoY (Includes One-Time Gain)

Consolidated revenue of 269,204 million KRW, down 2.4% YoY (from 275,753 million in Q1 2025)
Consolidated operating profit of 26,558 million KRW (YoY comparison not disclosed; well above full-year 2025 operating profit of 21,845 million)
Consolidated net profit of 18,091 million KRW, up 272.5% YoY, primarily due to a one-time effect from changes in long-term employee benefit plans
Debt ratio at 55%, up from 51% at year-end 2025; total equity 781,100 million KRW
Credit rating A (stable outlook) maintained by NICE Investors Service as of June 2025