Jiransecurity: Share Buyback and Cancellation, but Consolidated Losses Widen
Share buyback and cancellation: On March 23, 2026, board resolved to enter a trust agreement for the acquisition of 722,021 shares (within the period) and cancel 400,000 shares (cancellation completed on April 3, 2026). Demonstrates commitment to shareholder value.
Consolidated Q1 2026 revenue: KRW 7.18 billion (down 2.3% YoY), operating loss of KRW 1.37 billion (widened from KRW 0.74 billion loss). Separate revenue: KRW 5.43 billion (up 8.7% YoY), but net profit dropped sharply to KRW 0.36 billion from KRW 1.93 billion.
Credit rating upgrade: BBB→BBB+ by Korea Data (April 14, 2026).
Subsidiary SSR completed absorption merger of TrinitySoft (April 28, 2026).