Sigong Tech Q1 Revenue Plunges 51%, Posts Operating Loss of KRW 2.3 Billion

Consolidated Q1 revenue KRW 24.6 billion, down 51% YoY
Operating loss KRW 2.3 billion, net loss KRW 2.5 billion (vs. operating profit KRW 1.6 billion in prior year same period)
Order backlog remains at KRW 60 billion; key projects like Hanadream Town underway
Debt-free, zero borrowings, cash equivalents KRW 15 billion
Investment property fair value KRW 93.4 billion (vs. carrying value KRW 24 billion, potential gain of ~KRW 69.4 billion)
Investment losses from associates, notably Icecream Media equity-method loss of KRW 1.9 billion
No dividend or share buyback/cancellation disclosed for this quarter