SH Energy&Chemical Q1 2026: Operating loss narrows but net loss continues, no dividend

Consolidated sales: 30.8 billion won (up 17% from 26.4 billion in Q1 2025), operating loss: 1.2 billion (improved from 3.3 billion loss), net loss: 0.7 billion.
Debt ratio: 45.3% (slight improvement from 46.1% at end-2025).
No dividends for fiscal years 2025 and 2024.
Treasury share trust contract extended; termination date changed to May 22 due to stock split trading halt.
Stock split (10:1) in progress; new shares to be listed.
Impairment loss of $147,000 on US subsidiary's mineral rights.
Environmental fines of 2 million and 3 million won in April 2025.