Nepes Ark maintains profitability with Q1 2026 operating profit of KRW 3.6B and improves financial structure

Q1 2026 consolidated revenue KRW 29.9B, operating profit KRW 3.6B (FY2025 annual op. profit KRW 4.8B)
Debt ratio improved to 68.4% (FY2025 year-end: 72.9%), net debt ratio to 26.1% (42.1%)
Cash & cash equivalents KRW 51.0B (FY2025 year-end: KRW 39.3B), borrowings decreased to KRW 105.7B (KRW 110.3B)
New facility investment of KRW 37.5B decided (2026.04.10~2027.03.31) to expand capacity
R&D expenses KRW 3.4B (1.14% of sales), up from KRW 1.75B in prior year same period
Loss from discontinued operations (PLP Test) reduced to KRW 1.0B (KRW 1.3B in prior year same period)
No dividends or share buyback/cancellation plans