Intergis Q1 2026: Sales Up but Net Profit Halved; Shipping Loss Widens

Consolidated sales 194.5B KRW (up 11.9% YoY from 173.9B)
Net profit (parent) 2.8B KRW (down 50.5% from 5.7B YoY)
Shipping segment operating loss 3.5B KRW (sharp increase vs 0.9B full-year loss in 2025)
Operating profit down in all segments except others: Stevedoring 4.9B, Transport 0.3B, Forwarding etc. 1.8B
Disposed 380,000 treasury shares (Feb 20, 2026) for AI safety system investment
Credit rating BBB- maintained (Nice D&B, Ecredit)
Contingent liabilities: 5 lawsuits (0.87B) and 2 maritime arbitration cases (2.09B), total 2.96B KRW
Dividend maintained at 100 won per share (stable policy)
Debt ratio 76.5% (up from 68.5% at end-2025)
Total assets 525B KRW, cash & equivalents 31.1B KRW