Dongkuk CM Q1 2026 Consolidated Operating Profit of 8.0B Won Turns Positive... Maintains 300 Won Dividend
Q1 2026 consolidated revenue 686.9B won (down 7.9% YoY from 746.0B), operating profit 8.0B won (vs full-year loss of -38.8B in 2025), controlling net income 2.3B won (vs full-year loss of -52.9B)
2025 year-end dividend of 300 won per share approved (maintains minimum 300 won policy, allows deficit dividend within distributable range)
Four major lawsuits pending (aggregate claim amount 6.5B won, as defendant), including steel rebar collusion damages; outcome uncertain
Derivative (FX forward) valuation loss of 1.8B won and trading loss of 0.6B won
Consolidated total assets 2.71T won, liabilities 1.67T won, equity 1.04T won (debt-to-equity ratio 161%)
First quarter comparison post-acquisition of Aju Steel; ongoing global protectionism and tariff risks