HLB Global Q1 2026: Revenue Up, Loss Narrows, Major Litigation Risk Persists

Consolidated Q1 2026 revenue 26.7B KRW (up 11% YoY from 24.0B), operating loss 2.5B (improved from -3.6B), net loss 1.8B (improved from -5.0B).
Separate revenue 14.0B KRW (down 12% YoY from 15.9B), operating loss 1.7B, net loss 1.1B.
Discontinued operations (aggregate business sale) recognized ~1.0B KRW gain.
Three large lawsuits filed against the company with total claim amount of ~55.6B KRW; financial impact unpredictable.
Derivative liabilities from convertible bonds etc. of 0.73B KRW; liquidity risk exists.
Cash and cash equivalents 11.5B KRW, total assets 115.8B, debt ratio 55.8%.
No share buyback or dividend plans for shareholder return.