Q1 2026 Consolidated Operating Profit Up 87.5% YoY, Net Profit Turns to Black

Consolidated revenue: ₩196.7B (-0.6% YoY), operating profit: ₩13.2B (+87.5%), net profit: ₩17.2B (swung to profit)
Separate revenue: ₩74.6B, operating profit: ₩4.8B, net profit: ₩12.9B
Continued cash dividend of ₩120 per common share (maintained from prior year)
Segment performance: Steel pipe (+11.7%), Marine engine (+24.3%), Forging (+7.4%) strong; Panel (-7.0%), Temporary materials (-57.5%) weak
Total assets: ₩1.24T, liabilities: ₩731.1B, equity: ₩512.8B (capitalization ratio: 44.16%)
Contingent liabilities: 4 lawsuits pending (₩1.67B)