Plantynet: Credit Rating Upgraded to A-, Dividend Confirmed, Q1 Consolidated Operating Profit Plummets
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Credit rating agency 'eCredible' upgraded corporate credit rating from BBB+ to A- in April 2026 (two-notch upgrade)
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Declared cash dividend of KRW 100 per share for FY2025 (total KRW 1.56 billion, to be paid in April 2026)
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Consolidated Q1 2026 revenue KRW 10.55 billion (down 20.3% YoY), operating profit KRW 0.48 billion (down 85.8%), pre-tax net profit KRW 0.52 billion (down 83.0%)
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Standalone revenue KRW 5.13 billion (up 8.1% YoY), operating profit KRW 0.34 billion (down 3.1%)
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Harmful content blocking segment operating profit KRW 0.67 billion (solid); media content segment loss continues
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Subsidiary PlantyM has negative equity of KRW 3.99 billion, net loss of KRW 0.84 billion in Q1
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R&D expenses KRW 0.56 billion (11% of revenue), 41 patents held
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Consolidated total assets KRW 96.45 billion, liabilities KRW 15.98 billion, equity KRW 80.47 billion; operating cash flow KRW 4.42 billion (healthy)
KOSDAQ Filing Information
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Filing: Quarterly Report (2026.03)
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Company: PLANTYNET (075130)
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Submission: PLANTYNET Co., Ltd.
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Receipt: 05-15-2026