SG Segye Mulsan Q1 2026: Net profit surges on property sale gain but operating loss widens
Consolidated revenue 27.7B won (down 17.8% YoY), operating loss 1.9B won (vs -0.8B), net profit 3.0B won (vs 0.2B) boosted by gain on disposal of investment property of 6.2B won.
Sold logistics center etc. to related party (SJ E&G) for 21.1B won, recognizing gain of 6.2B won.
Debt ratio 11.08% (very low), net debt ratio negative (cash > borrowings).
Separate: operating loss 1.2B won, net profit 3.7B won.
Apparel export segment revenue 7.8B (28.2%), fashion business 19.5B (70.3%) with persistent losses.
No dividend; stock split (10:1) decided (effective April 15, 2026; new shares listed May 6).