Studio Samick: Q1 2026 Revenue and Operating Profit Plunge, Shareholder Returns Continue
Q1 2026 revenue 22.55B KRW, down 18.9% YoY from 27.81B; operating profit 0.51B KRW, down 56.4% from 1.18B; net profit 0.56B KRW, down 45.4% from 1.03B.
Debt ratio 24.3% (up from 21.7% at year-end), no borrowings (only lease liabilities of 0.23B), cash and equivalents 1.82B, short-term financial instruments 1.0B; solid financial structure.
2025 year-end dividend of 100 won per share decided, and 411,173 treasury shares canceled in 2025 (ongoing shareholder return).
New brand 'Linen & Another' preparing for US Amazon entry; sleep-specialty brand 'Studio Sleep' expected to drive growth.
Credit rating BBB+ (NICE) maintained; no material lawsuits or contingencies.