Noroo Paint Q1 2026: Operating Profit Surges 70%

Consolidated revenue: 176.2 billion KRW (+2.4% YoY), operating profit: 7.9 billion KRW (+70%), net income: 6.9 billion KRW (+103%)
Consolidated EPS (common): 336 KRW (vs ~166 KRW estimated for Q1 2025)
Sound financial position: total assets 710.7B, equity 417.0B, net debt 71.8B (cash 77.0B)
Credit rating maintained at A-/Stable (NICE, Korea Ratings)
Board approved value enhancement plan in April 2026 (potential future shareholder returns)
No material litigation or contingent liabilities
R&D expenses: 3.7 billion KRW (2.5% of sales)