Shinhung: Q1 Net Income Surges and 100K Share Cancellation

Consolidated revenue 25.16bn KRW, operating profit 0.81bn, net income 0.82bn (+196% YoY)
Standalone revenue 24.05bn, operating profit 0.63bn, net income 0.78bn
Cancelled 100,000 common shares in Q1 2026 (shares outstanding from 9.5mn to 9.4mn)
FY2025 year-end dividend 170 won/share (total 1.31bn)
Debt guarantee for related party (DV Holdings) 1.8bn, collateral provided 6.0bn
Net debt 15.3bn (vs 8.9bn at year-end 2025), equity ratio 11.84%
Operating cash flow -4.08bn (negative)