Separate Q1 revenue KRW 4.60bn, operating loss KRW 0.16bn, net loss KRW 0.17bn (vs net profit KRW 0.29bn), turning to deficit.
Consolidated debt ratio 5.2%, net cash KRW 9.54bn, very stable financial structure.
Credit rating maintained at BBB- (Ecredible), same for past 3 years.
No dividends or share buyback/cancellation for past 5 years; new articles clause allows disposal of treasury shares.
Articles amended: director compensation cap at KRW 2bn annually, introduction of independent directors, equal dividend principle for interim dividends.
4 pending lawsuits (1 plaintiff KRW 0.96bn, 3 defendant KRW 0.13bn); loss allowance of KRW 0.13bn.
Serious accident in Aug 2025 (1 fatality) led to fine KRW 17mn and corrective orders; safety improvements completed.
Energy solution (EV charger) business has no revenue; strategy under review.
Concrete segment average utilization rate 27.86%, low due to seasonality and construction downturn.