Consolidated operating profit surges 7x, net profit turns positive…Parent still in loss
Consolidated revenue slightly decreased to KRW 17,836 million (vs KRW 18,176 million in Q1 2025), but operating profit surged 7x to KRW 3,136 million (vs KRW 440 million)
Consolidated net profit attributable to parent turned positive to KRW 2,430 million (vs KRW 411 million), EPS KRW 167 (vs KRW 28)
Parent-only revenue dropped 60% to KRW 3,659 million (vs KRW 9,156 million), operating loss widened to KRW 922 million (vs loss of KRW 20 million)
Net debt ratio improved to 17.9% (from 23.2% at end of 2025), consolidated equity increased to KRW 70,370 million (from KRW 66,477 million)
Credit rating maintained at BB+ (NICE), regular evaluation date 2026.04.03
Parent company retained deficit of KRW 15,627 million, no dividend paid
Subsidiary Mopiens (aviation business) drove performance with revenue of KRW 10,918 million (61% of consolidated) and operating profit of KRW 4,568 million
Consolidated trade receivables decreased to KRW 18,376 million (from KRW 25,200 million), contract assets increased to KRW 7,148 million (from KRW 6,209 million)
Cash flow from operations: net inflow of KRW 8,863 million (vs net outflow of KRW 2,916 million in Q1 2025)
No share buyback, cancellation, or dividend-related events