Lotte Innovate: Q1 2026 Operating Profit Up 40%, Debt Ratio Improves – EV Charging Turns to Deficit

Consolidated revenue KRW 281.2bn (-1.3% YoY), operating profit KRW 9.7bn (+40%), net profit attributable to parent KRW 6.0bn
Separate operating profit KRW 19.4bn (+40%)
Debt ratio 88.4% (improved from 104.1% at year-end)
EV charging segment operating loss of KRW 0.6bn (vs profit of KRW 1.6bn in Q1 2025)
Dividend policy maintains payout ratio over 30%; 2025 dividend KRW 700 per share
Treasury share cancellation completed in 2024 (266,964 shares)
Holding virtual assets (intangible assets, subject to fair value fluctuation risk)
Put option liability KRW 18.1bn (related to Stic)
Two ongoing lawsuits (total approx. KRW 20.4bn, no material impact expected)
Continued investment in AI/cloud; data center operation contract worth KRW 69.8bn