Cheil Worldwide Q1 2026 Consolidated Operating Profit Plunges 37.6%, Net Profit Slightly Up

Consolidated revenue: KRW 1,017.6 billion (down 2.1% YoY), gross profit: KRW 442.3 billion (up 2.0%)
Consolidated operating profit: KRW 36.5 billion (down 37.6%), net profit: KRW 28.3 billion (up 0.8%)
Parent (separate) gross profit: KRW 88.8 billion (up 3.4%) but operating loss of KRW 0.68 billion
Overseas subsidiaries total gross profit: KRW 353.5 billion (up 1.7%), growth in N. America, Latin America, SE Asia
Dividend policy: payout ratio within 60% of consolidated net profit (2025~2027)
Holds 11.96% treasury shares; no plan for acquisition/cancellation/disposal (review expected)
Minor fines for foreign exchange reporting violations
No material litigation, default, or contingent liabilities