Woowon Development: 1Q26 OP Up 66%, Dividend 120 Won/Share Confirmed

Consolidated 1Q26 revenue 60.9B won (↓31.7% YoY), OP 1.57B won (↑65.7% YoY), net profit 1.85B won (↑93.4% YoY)
Final dividend for FY2025 confirmed at 120 won per share (approved at AGM on 2026.03.27)
Order backlog KRW 659.7B, new contracts secured (GTX-B Section 1, etc.)
Net debt 7.06B won, gearing ratio 4.0%, sound financial position
Four pending lawsuits (total ~5B won, related to subsidiary DaeSang Development)
No share buyback or cancellation plans