Samyang KCI: Revenue up but operating profit down; share buyback and dividend maintained

Board resolved to cancel treasury shares on March 19, 2026 (enhanced shareholder return)
Annual general meeting approved cash dividend of KRW 250 per common share (total KRW 2.69 billion)
Q1 revenue KRW 29.9 billion (up 5.7% YoY), operating profit KRW 2.08 billion (margin 6.95%)
Net income KRW 2.28 billion, EPS KRW 211
Total assets KRW 145.6 billion, total liabilities KRW 20.4 billion, debt ratio 16.3% (sound financials)
Cash and cash equivalents KRW 9.1 billion, net cash position (no borrowings)
R&D expenses KRW 0.81 billion (2.71% of sales), continued new product commercialization and patent applications
CEO changed from Lee Jin-yong to Ahn Tae-hwan (March 23, 2026)