Hyundai Home Shopping Q1: Rev. KRW 978.5B, OP KRW 65.3B, Share Buyback and Stock Exchange Approved

Consolidated revenue KRW 978,490M (+1.9% YoY), operating profit KRW 65,342M, net profit attributable to parent KRW 36,919M, EPS KRW 3,294.
Standalone revenue KRW 281,326M (+4.65% YoY), operating profit KRW 27,830M.
Dividend policy: target ≥30% of standalone OP, minimum DPS KRW 2,500. 2025 DPS KRW 2,800 (payout ratio 112%).
Share buyback & cancellation: 1,391,840 shares repurchased (approx. KRW 4.66B) in Feb-Mar 2026; 952,315 shares cancelled in Apr 2026; additional 49,590 shares to be cancelled.
Stock exchange: 2026.4.20 EGM approved comprehensive share exchange (becoming wholly-owned subsidiary of Hyundai GF Holdings) → potential delisting.
Financial health: debt ratio 7.6%, net cash position of KRW 1,794M (approx. KRW 1.8B).
Contingent liabilities: 4 lawsuits (claim amount KRW 3,826M), silica class action against overseas subsidiary (amount unspecified).
Consolidated subsidiaries: 12 (BIOLAND BIOTEC liquidated during the quarter).