Inics Reports Operating Loss in Q1 2026... Sales Decline but Stable Financial Structure

Consolidated operating loss of KRW 563mn in Q1 2026 (vs. profit of KRW 140mn in Q1 2025)
Consolidated sales of KRW 26.6bn (down 8.2% YoY)
Consolidated net profit of KRW 340mn (similar to KRW 336mn YoY)
Debt ratio of 16.18% (year-end 2025: 16.80%), stable financial position
Cash and cash equivalents of KRW 32.1bn
Dependence on one major customer (11.6% of sales)
Pending litigation: damage claim of KRW 26mn related to contract termination
Separate operating loss of KRW 559mn (vs. profit of KRW 211mn YoY)
No dividend for FY2025 (FY2024: KRW 200 per share)
Treasury shares: 174,338 shares (1.92%, unchanged)