Korea Steel Casting Q1 Operating Profit Declines, Debt Ratio Rises, Decides to Cancel 164,643 Treasury Shares
[Positive] On 2026.04.24, completed cancellation of 164,643 treasury shares (1.45%) (board resolution on 2026.03.25). Part of shareholder return policy.
[Negative] Q1 2026 sales 8.83 billion won (down 6.3% YoY), operating profit 0.59 billion won (down 20.3% YoY), net profit 0.15 billion won (down 85% YoY).
[Negative] Debt ratio 25.81% (up from 15.10% at year-end 2025). New short-term borrowings of 3.69 billion won (zero at year-end 2025).
[Note] No dividends for three consecutive years (2023~2025). EPS 1 won (vs 9 won in prior year).
[Note]Litigation for waste management law violation pending at Supreme Court (fine 30 million won).