Kukil Paper: Q1 Operating Loss Continues, Asan Plant Sale Completed, Stock Split Approved

Q1 2026 consolidated sales: 16.7 billion KRW, operating loss: 0.5 billion KRW, net loss: 0.36 billion KRW (prior quarter: sales 67.8 billion, operating loss 0.5 billion, net loss 1.86 billion).
Discontinued operations: Asan plant (industrial paper) sale completed; reported loss of 0.16 billion KRW from discontinued operations.
Debt ratio remains low at 11.3%; cash and cash equivalents at 8.9 billion KRW.
Shareholder meeting in March 2026 approved a 10:1 stock split; expected to be listed on a changed basis on May 20, 2026.
No dividend or share buyback plans.