Samyang Foods Reports Consolidated Q1 2026 Revenue of 714.4B Won, Operating Profit of 177.1B Won

Consolidated Q1 2026 revenue 714,406M won, operating profit 177,133M won, net income 144,516M won
Separate revenue 552,379M won, operating profit 147,123M won, net income 124,591M won
Export ratio 81.9% (584,995M won), high dependence on overseas sales
2025 dividend per share 4,800 won (interim 2,200, final 2,600), 12 consecutive years of dividends
Dividend payout ratio maintained at 9%-11%, no share buyback plan
Investment of 207.2B won in China Jiaxing production plant, expanding 8 lines (target completion Jan 2027)
New subsidiary SAMYANG FOODS UK LTD established (90% stake)
Post-report: Issuance of 200B won unsecured corporate bonds on April 24, 2026
Ongoing tax lawsuit with National Tax Service since 2019, provision recognized
Managing foreign exchange, interest rate, credit, and liquidity risks