Ilshin Spinning: Strong Earnings, Increased Dividend and Shareholder Returns

Consolidated revenue KRW 140.5bn, operating profit KRW 3.0bn, net profit KRW 4.0bn in Q1 2026
Announced plan to raise dividend from KRW 200/share in 2025 to KRW 400/share in 2026 (high dividend policy)
Termination of treasury share trust agreement (252,157 shares returned) and past share cancellations – consistent shareholder returns
Consolidated debt ratio 17.7% – very stable financial structure (equity KRW 948.8bn, liabilities KRW 167.7bn)
Yarn prices surged due to Middle East war; sales and profitability improved since March, positive outlook for Q2
Existence of debt guarantees for subsidiaries (USD 75.5mn) – potential contingent liability
Plan to install 10MW solar power facility at Vietnam plant (Q3 2026) – cost reduction and ESG enhancement