MeatBox Global Reports Strong Q1 2026 Results and Initiates Dividend

Consolidated Q1 revenue 34.3 billion KRW (+21% YoY), operating profit 1.6 billion KRW (vs 0.22 billion), net profit 0.8 billion KRW (vs 0.29 billion)
Separate Q1 revenue 31.5 billion KRW, operating profit 1.35 billion, net profit 1.05 billion
Shareholder return: First cash dividend of approx. 0.56 billion KRW paid (estimated 100 KRW per share)
Debt ratio: Consolidated 166%, separate 119% (slightly up from prior period)
Cash and equivalents 22.2 billion, short-term financial instruments 12.1 billion; ample liquidity
Foreign exchange risk: USD accounts payable of 2.61 billion KRW; 10% FX change impacts pre-tax profit by ±0.38 billion
Subsidiaries MeatMatch Loan (consumer finance) and Meatgram (meat processing) contributing to results