Sambo Corrugated Board: Q1 2026 Consolidated Net Profit of 6.5 Billion KRW; Continued Expansion of Facility Investment

Q1 2026 consolidated revenue 131.1B KRW, operating profit 5.3B, net profit 6.5B (controlling interest 5.6B)
Separate: operating loss 0.2B → net profit 3.4B (vs net loss 1.1B in Q1 2025)
July 2025: retirement of 161,700 treasury shares; 2024: acquisition of 120,000 shares
2025 year-end dividend 210 won/share (yield 2.15%), up from 190 won in 2024
Shareholder proposals for higher dividends and buybacks/cancellations rejected at 2024 AGM
New factory investment in Pocheon Eco-Green complex ~123.8B KRW ongoing (CIP 55.5B)
Consolidated debt ratio 28.2%, net debt-to-equity 12.1%
Sensitivity: 10% change in EUR affects annual P&L by ~68M KRW
Key subsidiary Koryo Paper (85.76% stake) Q1 net profit 6.8B KRW