BGF Retail Q1 2026: Consolidated Revenue 2.12T Won, Operating Profit 38.1B Won, Target Payout Ratio 40%

Q1 2026 consolidated: Revenue 2.12T won, Operating profit 38.1B won, Net profit 29.3B won (YoY comparison not available)
Debt ratio 176% (up from 171% at FY2025 end), credit rating AA maintained
Mid-term target payout ratio 40%, dividend-centric, no share buyback or cancellation plans
Convenience store segment accounts for 97.6% of revenue and 89.2% of operating profit
Acquired 100% of BGF Networks in July 2024 for 720.5B won, consolidation complete
Fined 2.62M won by KFTC in Nov 2024 for incomplete disclosure
Contingent liabilities: 46 lawsuits (22 filed, 24 received) total 7.88B won, impact limited
AGM in Mar 2026 approved charter amendments including removal of cumulative voting and introduction of electronic shareholder meetings