Jin Yang Industry: 1Q Operating Profit Down 20.9%, Debt Ratio Surges; Expands Investment via Large Asset Purchase

Consolidated revenue 22.2B won (-1.5% YoY), operating profit 1.7B won (-20.9%), net income 1.46B won (-9.4%), EPS 113 won
Debt-to-equity ratio 70.45% (vs 29.15% at year-end 2025), long-term borrowings surged to 17.8B won
In Jan 2026, acquired land and buildings from affiliate Jin Yang Mulsan for 17.18B won (to secure factory for subsidiary Jinrye Industrial)
Dividend: 2025 year-end dividend 308 won per share (total 4.0B won) paid; past 3 years including quarterly dividends: 250~358 won per share
Separate: revenue 16.7B won, operating profit 1.28B won, net income 0.99B won, EPS 76 won