SAVEZONE I&C 1Q25: Operating Weakness but Net Profit Up, Debt Ratio Surges

Revenue -1.8% YoY (KRW 28.9B), operating profit -7.9% (KRW 1.3B) due to weak discount store conditions
Net profit +11.6% (KRW 2.7B) driven by financial income, EPS KRW 72
Debt ratio surged to 29.92% (FY24 year-end: 19.54%), short-term borrowings doubled to KRW 37.45B
Treasury shares: 3.36M (8.18%), no plan to cancel after trust termination
Maintained cash dividend of KRW 30/share (same as prior year), 15-year consecutive payout
Pays 0.2% of gross sales as trademark license fee to parent (주)SAVEZONE