Jin Air Q1 2026: Operating Profit Turnaround to 57.6B KRW, Net Profit 21.7B KRW; No Dividend or Buyback Planned

Q1 2026 revenue 422.9B KRW, operating profit 57.6B KRW (vs full-year 2025 operating loss of 19.2B KRW), net profit 21.7B KRW, basic EPS 421 KRW
International passenger revenue 348.9B KRW (82.5%), domestic 51.1B KRW (12.1%)
Total assets 1,382.9B KRW, liabilities 1,137.0B KRW, equity 246.0B KRW (debt ratio 462%)
No dividends paid for past 5 years; no share buyback or cancellation plan
Fuel cost 102.3B KRW (24.2% of revenue), exposure to oil price volatility
Foreign currency liabilities (USD) 539.4B KRW vs assets 129.5B KRW, FX risk
Planned introduction of A321neo in H2 2026
One pending lawsuit (defendant) with no provision recognized; no other material contingent liabilities