Barunson E&A Posts Q1 2026 Consolidated Net Loss of KRW 1.1Bn, Executes 75% Capital Reduction
Consolidated Q1 2026 revenue KRW 2.3Bn, operating loss KRW 0.1Bn, net loss KRW 0.1Bn (parent-only net income KRW 0.15Bn)
Completed 75% capital reduction in Apr 2026 (4 shares→1), reducing share capital from KRW 37.2Bn to KRW 9.3Bn, using capital reduction surplus of KRW 27.9Bn to cover deficit
Debt-to-equity ratio consolidated 74.6%, separate 67.4% (previous year-end 76.2% and 69.3%)
Short-term borrowings KRW 20.1Bn, long-term borrowings KRW 12.4Bn, exchangeable bonds KRW 2.4Bn (exchangeable for Nexon Games shares, maturing Oct 2026)
Holds 0.79% stake in Nexon Games, recognized KRW 0.22Bn valuation loss in Q1 (previous year KRW 0.67Bn)