Eagon Holdings Q1 2026: Revenue and OP decline, net loss, subsidiary fined

Revenue fell 18% YoY to 101.1B KRW (from 123.4B)
Operating profit decreased to 3.2B KRW (from 4.1B)
Net loss of 0.37B KRW (vs net profit of 0.86B)
EPS of -3 KRW (vs +78 KRW)
Subsidiary Eagon GreenTech fined 1.05B KRW by Fair Trade Commission for bid rigging (provision recognized)
Subsidiary Eagon Windows&Doors sued for 10B KRW damages (outcome uncertain)
Cash & equivalents: 25.6B KRW; net debt ratio improved to 60.96% (from 61.13%)
Maintained 29 consecutive years of dividends; 2025 dividend of 1.08B KRW paid in April 2026
Segment performance: Windows & Energy profitable; Wood & Afforestation loss-making