Sungdo E&C Q1 2026 Consolidated Net Profit 9.99B Won… Treasury Stock Cancel & Dividend Maintained

Q1 2026 consolidated sales 144.6B won (down 27.8% YoY), operating profit 7.8B won (down 2.7%), net profit 10.0B won (up 74%, controlling interest).
Separate net profit 29.4B won (up 259% YoY) boosted by non-operating income including dividend from subsidiaries (approx. 22.0B won).
In January 2026, completed disposal of 750,000 treasury shares (in exchange for shares of other companies) and cancellation of 260,000 shares. Remaining treasury shares: 257,000.
For FY2025, cash dividend of 250 won per share (total 3.55B won) approved and paid in April 2026.
Consolidated net cash position (net debt -34.15B won) with capital ratio -13.3%, improved financial structure. Credit rating A- (NICE D&B).
Major lawsuit (indemnity claim) finally concluded in April 2026 (final loss), uncertainty removed. Company considers financial impact limited.
Consolidated order backlog approx. 571.5B won (slight increase from year-end), mainly in hi-tech and general construction.
Key subsidiaries like SUNGDO ENG USA INC contributed to net profit. Chinese real estate subsidiary proceeding with sales.