Zerotoseven Q1 2026: Consolidated Sales and Operating Profit Decline, Inventory Rise and Negative Cash Flow

Consolidated sales: KRW 16.7B (vs. KRW 18.2B, -8.1%), operating profit: KRW 0.64B (vs. KRW 1.28B, -50%), net income: KRW 0.93B (vs. KRW 1.0B, -7%)
Separate sales: KRW 17.2B, operating profit: KRW 1.81B (vs. KRW 1.42B, +27%), net income: KRW 1.82B
Segments: Gungjungbichaek operating loss of KRW 0.23B (narrowed from loss), Packaging operating profit of KRW 0.88B (vs. KRW 1.68B, -48%)
Inventory: KRW 28.2B, 30.2% of total assets (vs. 24.4% at year-end). Operating cash flow: -KRW 4.9B (vs. +KRW 2.3B)
Dividend: Common stock dividend of KRW 1.0B for FY2025 paid in April 2026
Chinese subsidiary (Yongdo7 Trading) negative equity: -KRW 0.29B, associate (Yongdo7 Trading Shanghai) negative equity: -KRW 1.99B
Financial health: debt ratio 14.8%, current ratio 426%, credit line facilities KRW 1.75B (secured)
POE production utilization rate: 39.8% (low)