Mohenz Q1 2026 Consolidated Operating Loss Narrowed… Concrete and Welding Segments Improve

Consolidated revenue 17.77 billion KRW (up 11.4% YoY), operating loss 0.75 billion (improved from 1.37 billion loss), net loss 0.75 billion (improved from 1.36 billion loss)
Separate revenue 6.32 billion KRW (down 12.9% YoY), operating loss 0.54 billion (slightly worse than 0.50 billion loss)
By segment: Concrete operating loss 0.80 billion (improved from 1.29 billion loss), Welding operating profit 0.06 billion (swung from 0.08 billion loss)
Financial position: Assets 40.03 billion, liabilities 15.53 billion, equity 24.49 billion, gearing ratio 11.11% (up from 4.82% at year-end)
Industry outlook: Public sector orders expected to expand, private sector recovery delayed… raw material prices and geopolitical risks remain
Treasury shares 1,020,000 shares (book value 3.08 billion) held, no new buyback or cancellation in Q1