Paradise Q1 2026 Revenue KRW 293.9B, OP KRW 37.3B; Announces Treasury Share Cancellation Plan

Consolidated Q1 2026: Revenue KRW 293,966M (+3.8% YoY from KRW 283,305M), Operating Profit KRW 37,305M, Controlling Net Income KRW 16,468M, Basic EPS KRW 188
Segment revenue: Integrated Resort 49.6%, Casino 39.5%, Hotel 9.3% (Casino tables 369, slots 914)
Treasury share cancellation plan: To gradually cancel all 4,870,168 treasury shares (5.26%) following the Feb 2026 Commercial Act amendment
Dividend: 2025 fiscal year cash dividend of KRW 150 per share (up 50% from KRW 100), plan to increase payout ratio
Financial position: Total assets KRW 4,170,453M, total liabilities KRW 1,946,131M (debt ratio 87.5%), cash & equivalents KRW 490,638M
Property, plant & equipment increase: Construction in progress +KRW 224,568M (new hotel in Jangchung-dong etc.), total PP&E KRW 2,771,161M
Key subsidiary: Paradise Sega Sammy (Incheon integrated resort) revenue KRW 145,933M, operating profit KRW 4,372M
Convertible bond outstanding ~KRW 3.7B; public bond issue of KRW 100B in Oct 2025