Sejong Telecom Q1 2026: Operating loss narrows but net loss widens, debt rises
Consolidated revenue KRW 68.7bn (YoY -10.8%), operating loss KRW 1.6bn (improved from KRW 2.3bn loss), net loss KRW 2.7bn (widened from KRW 0.4bn loss)
Separate revenue KRW 32.5bn (YoY +24.1%), operating loss KRW 1.2bn (improved), net loss KRW 2.5bn (widened)
Total borrowings KRW 88.0bn (FY2025: KRW 81.2bn), short-term borrowings KRW 75.3bn (reclassified from long-term), cash KRW 23.2bn (FY2025: KRW 10.3bn)
Cash dividend of KRW 300 per share (total KRW 3.0bn) paid; all 6,693 treasury shares disposed
Articles amended: authorized shares reduced to 50mn, limits on CB/BW issuance lowered
Two damage lawsuits pending (first trial loss of KRW 6.1bn, appeal planned; no provision)
Contingent liabilities include balance payment of KRW 467.4bn for Wirye land (2029)