Ace Bed Q1 2026 Results: Revenue and Net Profit Up, Dividend Maintained

Consolidated Q1 2026 revenue KRW 85.0 billion (up 4.5% YoY from KRW 81.4 billion), operating profit KRW 12.8 billion, net income KRW 15.0 billion
Separate revenue KRW 84.0 billion, operating profit KRW 12.8 billion, net income KRW 13.4 billion
Debt ratio 13.51%, up from 9.35% at year-end 2025, but still very low
Approved dividend for 49th period (FY2025): dividends payable of KRW 23.4 billion recorded, confirming high dividend policy
Recognized impairment loss of KRW 1.6 billion on investment in associate (Golden Ticks)
FVPL financial assets held at KRW 116.4 billion; financial income improved to KRW 5.4 billion from KRW -0.7 billion in prior quarter
Major shareholder and related parties hold 79.55%, treasury shares 4.81%
Bank facilities: purchase loan guarantee KRW 10.0 billion, transaction collateral KRW 0.5 billion, L/C acceptance USD 1.3 million
On-site PPA lease commitments total KRW 20.6 billion (20-year term)
Early adoption of K-IFRS 1118 'Presentation and Disclosure of Financial Statements' expected in 2027