Dongsung Chemical: Q1 2026 Consolidated Operating Profit KRW 25.3B (+22.5% YoY) - LNG Insulation Order Backlog KRW 2.1T, Dividend Policy Maintained

Consolidated sales KRW 287.0B, operating profit KRW 25.4B (OPM 8.8%), net income KRW 20.4B (OP estimated +22.5% YoY)
Standalone: sales KRW 124.5B, OP KRW 24.6B, net income KRW 29.1B
Key subsidiary Dongsung Finetec: sales KRW 169.1B (-1.9% YoY), OP KRW 19.8B (+58.4% YoY) due to LNG insulation demand
IDS Indonesia plant commenced operations: sales KRW 13.4B, net loss KRW 0.5B (start-up phase)
Order backlog for cryogenic insulation KRW 2.08T (end-March 2026), sustained large LNG vessel contracts
Annual minimum cash dividend of KRW 150 per share policy maintained (2025: interim KRW 100 + year-end KRW 50)
Derivative liabilities: currency options valuation loss KRW 0.9B, TRF loss KRW 1.1B, total KRW 2.0B
Regulatory fines: KRW 114M (bid rigging by Fair Trade Commission) and KRW 33M (failure to test petroleum products) – both paid