Barrel Q1 2026: Revenue -11%, Operating Profit -65%, Net Loss; Dividend Paid, Debt Ratio Rises

Revenue 100.9 billion KRW, down 11.0% YoY
Operating profit decreased 65.1% YoY
Consolidated net loss of 32 million KRW (vs profit 381 million in Q1 2025)
Short-term debt (convertible bonds and RCPS) of 21.83 billion KRW due within one year
Debt ratio increased to 36.65% from 23.84% at year-end 2025
Dividend payment of 727 million KRW in current quarter
Previous share cancellation of 199,191 shares (shareholder return)
Cash and equivalents of 15.39 billion KRW; liquidity management needed