Incar Financial Services Reports Strong Q1 2026 Results and Share Buyback Cancellation

Consolidated revenue KRW 301.2bn, +30.9% YoY (operating profit KRW 26.0bn, +41.9% YoY)
Standalone revenue KRW 298.7bn, operating profit KRW 25.9bn (+33.4% and +45.1% YoY)
On Dec 12, 2025, cancelled 2,116,143 treasury shares (within distributable profit)
Q1 2026 consolidated net profit KRW 22.5bn (parent), standalone net profit KRW 22.4bn
Debt ratio 372% (slightly up from 367% at year-end 2025)
Completed absorption merger of wholly-owned subsidiary Dream Life (May 8, 2026, zero-capital increase)
Material lawsuits: 50 cases as plaintiff (KRW 1.7bn), 11 cases as defendant (KRW 1.1bn) – management expects no material impact