Debt ratio improved to 109.99% from 116.28% at year-end 2025; short-term borrowings maintained at KRW 196.9bn (vs 196.4bn)
FY2025 total dividend declared KRW 11.9bn (KRW 1,000 per share, dividend yield ~7%), including interim dividend
Treasury shares of 6,034 shares (KRW 0.18bn) held, future disposal or cancellation under review
Litigation risks: three lawsuits related to Juwonjeonju; a KRW 43.7bn damage claim against Jeonju City lost in first instance and under appeal; Daishin Securities case lost in final appeal (KRW 1.3bn)
Major shareholder CR Holdings with 59.03% stake; four supply contracts with POSCO totaling KRW 196bn annually securing revenue stability
Prior-year financial statement errors (impairment of equity method investments) corrected; 2024 consolidated net profit adjusted downward by KRW 0.54bn