Share cancellation: On Mar 30, 2026, cancelled 1,428,610 treasury shares (5% of total) using distributable profits. Post-cancellation: 27,143,620 shares outstanding, 1,929,680 treasury shares (7.11%).
Consolidated Q1 2026 results (vs Q1 2025): Sales W98.35B (+12.8%), OP W11.52B (+2.3%), Net profit W10.57B (controlling W11.28B, EPS W447).
Dividend: 45th term (FY2025) cash dividend W180 per share. Mid-year dividend system adopted at Mar 27 AGM.
Financial position: Debt ratio 27.04% (up from 24.29%, still healthy). Cash & equivalents W39.5B, borrowings W7.1B.
FX risk: Foreign currency assets W36.3B, liabilities W13.6B. 5% FX change impacts OP up to W1.33B for USD.
Subsidiaries: Track Design India (66.67%) recorded net loss W2.12B, negative equity. Non-controlling interest -W0.32B. Trek Inc and Bongrim Metal remain profitable.
Major customers: A (17.9%), B (13.3%), C (11.0%) account for 42.5% of consolidated sales.
Others: Loans to TDI (USD 4.42M) and Trek (USD 6.5M) ongoing. Additional solar power facility (634kW, ~W0.7B investment) planned.