SY DONG-A: Q1 earnings weak but cancels 600K treasury shares and pursues new businesses

Decision to cancel 600,000 treasury shares executed on April 7, 2026 (post-cancellation: 15.2M shares outstanding, 614K treasury shares)
Q1 2026 consolidated sales KRW 94.87B (down 8.0% YoY), operating profit KRW 4.45B (down 24.9%), controlling interest net profit KRW 2.86B (down 69.8%)
Deterioration in financial income/expenses (valuation loss on FVTPL financial assets KRW 2.87B, FX loss KRW 2.15B, etc.)
Debt ratio 66.6%, net debt ratio 15.3% (up from 9.9% at year-end)
Guarantees provided to related parties: USD 68.2M, VND 84B
New businesses: robot parts (prototype/mass production orders), defense parts (DQMS certification preparation), hydrogen fuel cells (5kW/10kW systems commercialized)