Chosun Welding Q1 net +43%, buys back shares, maintains dividend

Q1 2026 revenue KRW 12.3bn (+4.9% YoY), operating profit KRW 1.5bn, net profit KRW 3.9bn (+43% YoY)
Debt ratio 5.81% (down from 5.96% at year-end), cash and cash equivalents KRW 63.3bn (+17%)
Additional treasury stock acquisition (4,250 shares, ~KRW 0.4bn) → end-of-period treasury shares 331,162 (26.3%)
2025 year-end cash dividend of KRW 500 per share (100% of par value, dividend yield 0.5%) confirmed
Unjust enrichment lawsuit pending in second instance (claim amount KRW 1.79bn) – contingent liability