KG Mobility reports Q1 2026 consolidated operating profit of 9.6B won, net profit 27.3B won; completes deficit coverage via capital reduction

Q1 2026 consolidated revenue: 1.14 trillion won, operating profit 9.6B won, net profit 27.3B won (YoY revenue +18%, operating profit turned positive)
Completed deficit coverage via reduction of capital reserves (capital reduction surplus), enabling dividend distribution
Amended articles: increased BW issuance limit from 350B to 500B won, extended director term from 2 to 3 years
Credit rating maintained at BB (stable) by KIS and KRP
Major lawsuits: Mototec claim of 10.5B won (ongoing), two labor status lawsuits (total 1.7B won)
Largest shareholder KG Eco-Solution (54.35%) voluntarily locked up all shares for 3 years
Launched Musso in Jan 2026, expanded eco-friendly lineup (Torres HEV, Actyon HEV, Musso EV)
Consolidated subsidiaries: 4 entities (Netherlands, Australia, Germany, domestic commercial)