Samryoong Q1 2026: Self-Share Cancellation and Credit Upgrade, Profitability Declines

Self-share cancellation: On March 27, 2026, all 300,000 treasury shares cancelled (KRW 1,217 million). Expected positive impact on EPS.
Credit rating upgraded: On April 20, 2026, Kretap raised corporate credit rating from A- to A+.
Consolidated sales KRW 23,947 million (+8.1% YoY), operating profit KRW 678 million (-38.9% YoY), net profit attributable to parent KRW 546 million (-45.5% YoY). Profitability deteriorated.
Financial structure: Debt ratio 53.1% (up from 48.0% at year-end). Increase in variable-rate borrowings.
Error correction: Prior period (45th) financial statements corrected for impairment loss and deferred tax errors.