ShinDo Rico: 2026 Q1 Operating Profit Declines, but Share Buyback and Strong Financial Position Maintained

Consolidated Q1 2026 revenue: 85.19 billion won (+7.8% YoY), operating profit: 2.92 billion won (-14.7% YoY)
Net income: 19.40 billion won (sharp increase YoY) due to non-operating gains (FX gains, financial income 25.57 billion)
Completed cancellation of 364,300 common shares in March 2026 (treasury stock retirement), strengthening shareholder returns
Net debt: -125.8 billion won (net cash position), debt ratio 7.9%, very stable financial structure
Cash dividend decreased (1,500 won in 2024 → 1,000 won in 2025), lower payout ratio
External auditor changed from HanYoung to Samil (PwC)