Daichang's Q1 2026 consolidated net profit reaches 14.6 billion won, exceeding full-year 2025 performance

Consolidated Q1 2026: Sales 429.1 billion won, operating profit 23.8 billion won, net profit 14.6 billion won. Net profit already surpasses full-year 2025 (3.3 billion won).
Parent-only Q1: Sales 152.1 billion won, operating profit 7.6 billion won, net profit 10.1 billion won, turning from full-year loss.
In January 2026, sold 6.89 million treasury shares to parent Seowon for 9.2 billion won, generating disposal gain of 4.3 billion won.
Newly consolidated subsidiary DAECHANG LLOYDS, INC (USA) expands consolidation scope to 8 entities.
Maintains 46% domestic market share in brass rods; non-ferrous metal segment accounts for 94% of sales.
Debt ratio stands at 198% with total borrowings and bonds of 491.7 billion won.
Inventories increased 20% from year-end to 326.8 billion won.
Two minor lawsuits ongoing (damages claim of 48 million won, labor suit of 50 million won).
External auditor changed to Daesung Accounting Corporation (from 50th term).