Namsun Aluminum Posts Consolidated Operating Loss and Increased Net Debt

Consolidated operating loss of 17.2 billion won in Q1 2026 (vs profit of 5.4 billion in Q1 2025)
Net loss of 10.8 billion won (vs net income of 65.6 billion)
Revenue slightly decreased to 631.2 billion won
Aluminum segment posted operating loss of 9.7 billion won; construction segment loss of 11.8 billion won (newly merged)
Auto segment operating profit of 4.6 billion won (up from 3.9 billion)
Net debt increased to 17.06 billion won; net debt-to-equity ratio 5.95% (vs 3.92% at year-end 2025)
Total borrowings of 52.5 billion won (vs 40.6 billion)
Pending lawsuits: plaintiff 11.2 billion won, defendant 12.1 billion won
Credit rating BBB/BBB+ (maintained)
No share buyback, cancellation, or dividend plans