Dongkuk Holdings 1Q 2026: Revenue Up but Operating Profit Plunges; No Final Dividend, New Dividend Policy Adopted

Consolidated 1Q 2026 revenue KRW 565.3B (up 21.4% YoY), operating profit KRW 6.2B (down 58.4% YoY), net profit attributable to parent KRW 3.5B.
No final dividend for FY2025; new dividend policy: minimum annual dividend of KRW 400/share (KRW 80/share after stock split).
Approved 1:5 stock split and capital reduction via treasury share cancellation.
Steel segment recorded operating loss of KRW 0.25B (vs profit KRW 1.9B in 1Q 2025).
Pending lawsuits: 9 cases with total claims of approximately KRW 15.7B (related to rebar bid-rigging).
Guarantees to affiliates: KRW 95.7B outstanding.
Cash and cash equivalents: KRW 178.7B; debt-to-equity ratio: 41.4%.