STO Q1 2026 Op. Loss 720M, Net Loss 1.23B Won; Shareholder Return Policy Set
Q1 2026 consolidated revenue 15.9B won, operating loss 720M won, net loss 1.23B won (widened from 1.09B loss in prior quarter)
Total borrowings 28.15B won, equity 21.17B won, net debt 25.15B won, debt-to-capital ratio 54.3% (high leverage)
Cash & equivalents increased to 3.01B won (from 869M at year-end), but operating losses persist
Basic EPS (loss) 101 won (vs 90 won loss in prior quarter)
Corporate bond credit rating BB (speculative grade) maintained
Mid-to-long-term shareholder return policy established in March 2026: target of returning at least 20% of consolidated net profit (actual return uncertain due to current losses)
Board approved treasury stock trust agreement on March 24, 2026 (expected to support stock price)
Subsidiary SLP (logistics) contributed equity-method profit of 66M won
Launch of women's brand UMEORA and expansion of multi-brand store URBAN WORKS, but no material contribution yet