Hanssem Q1 2026: Operating Profit Up 56%, Net Profit Turns Positive; Dividend Policy Maintained

Consolidated Q1 2026 revenue: 399.4 billion won (down 10% YoY), operating profit: 10.1 billion won (+56%), net profit: 2.6 billion won (return to black)
By segment: Rehouse operating profit 0.4 billion won (vs loss 4.2 billion won), Home Furnishing 8.1 billion won (+45%), B2B operating loss 0.8 billion won (swung to loss)
Improved financial structure: Assets 952.7 billion, liabilities 549.7 billion, equity 403.0 billion (equity ratio 42.3%)
Shareholder return: Minimum 50% payout policy maintained; no specific share buyback/cancellation plan announced
Legal risks: Multiple KFTC fines totaling approx. 220 billion won, and provision of 19.2 billion won for Gunpo fire lawsuit
New business: Entry into electrical construction via amendment of articles of incorporation, and planned merger with subsidiary Hanssem Nexus
R&D expenditure: 11.3 billion won (3.72% of sales)