Asia Holdings Reports Lower Q1 Operating Profit but Boosts Shareholder Returns via Share Buyback and Cancellation

Consolidated revenue 459.4B won (+6.1% YoY), operating profit 23.7B (-7.4%), net profit attributable to parent 9.3B (+5.1%)
Cement segment operating loss of 3B won (vs profit of 9B), Paper segment operating profit 11.4B (-16%), Other segment operating profit 22.8B (+76%)
Share buyback: 30B won trust contract signed in Oct 2025; acquired 3,225 shares during Q1
Share cancellation: 13,794 shares canceled on Mar 31, 2026 (acquisition cost 1.28B won)
Debt ratio 63.67% (year-end 63.04%), cash and cash equivalents 185.2B (year-end 163.7B)
Provision for litigation on regular wage lawsuits: 3.4B won (4 cases pending)