KUKIL METAL Reports Q1 2026 Operating Profit of 352M KRW, Maintains Stable Debt Ratio of 9.31%

Q1 2026 revenue 9.13bn KRW, operating profit 352m KRW, net profit 254m KRW (up from 110m KRW in prior quarter)
Debt ratio improved to 9.31% (from 10.21% at year-end), no borrowings outstanding
Paid dividend of 332.7m KRW for FY2025 (approx. 30 KRW per share)
Cash and cash equivalents 3.19bn KRW, trade receivables 4.71bn KRW (down from 7.16bn), inventories 7.89bn KRW (up from 4.63bn)
Two pending damage lawsuits (defendant 489m KRW, plaintiff 608m KRW) – management believes no material impact
Land and buildings with book value 17.85bn KRW pledged as collateral for loan facility (30bn limit, unused)
Related-party transactions: sales 1.14bn KRW, raw material purchases 1.19bn KRW with Igu Industrial etc.