Dongil Steel Swings to Operating Profit in Q1 2026, Net Income at KRW 663M
Q1 2026 (separate): Revenue KRW 38.57B, Operating profit KRW 1.4M, Net income KRW 663M (vs. operating loss of KRW 1.26B and net income KRW 415M in Q1 2025)
EPS KRW 33 (vs. KRW 22)
Market share: Wire rod 7.9% (down from 10.8%), Stainless steel drawn bar 29.5% (up from 26.0%)
Debt-to-equity ratio 13.8% (up from 11.9% at year-end), Net equity KRW 157.8B
No dividend planned (no year-end dividend for the past 3 years)
Litigation provision KRW 100M (same as prior year-end)
Largest shareholder: S-Form Co., Ltd. (48.17%) and related parties