Hankuk Paper hit by Q1 net loss of 47.6 bln won and 49.1 bln won antitrust fine

[Negative] Q1 2026 consolidated net loss of 47.6 bln won (widened from 33.5 bln loss in prior year), operating profit of 4.6 bln won slightly improved
[Negative] Fair Trade Commission imposed 49.1 bln won fine for printing paper price collusion (Apr 23, 2026), recognized as expense
[Negative] Deepening capital erosion: retained earnings -43.1 bln won, debt ratio 96.6% (up from 63.7% at year-end 2025)
[Negative] Stock price below 1,000 won, risk of being designated as managed item under stricter delisting rules
[Positive] Cancellation of 27,517 treasury shares completed (registered Apr 28, 2026), total shares 190,150,720
[Positive]Pohang land sale contract (152.5 bln won) ongoing for asset efficiency