Sajo Oyang Q1 2026: Operating Profit Surges 85%, Net Income Improves Sharply

Q1 2026 sales KRW 105.2B (vs. KRW 103.0B, +2.2%), operating profit KRW 6.9B (KRW 3.7B, +85.5%), net profit KRW 4.7B (KRW 0.3B), EPS KRW 499 (KRW 27)
Net debt-to-equity improved to 39.46% (44.04% at year-end 2025), net debt KRW 98.4B
2025 year-end dividend confirmed at KRW 100 per share (total KRW 0.94B), consecutive dividend since 2016
Major shareholder Sajo Daerim increased stake to 71.33% (from 60.84%), including related parties 80.52%
Fatal accident on a deep-sea fishing vessel in Jan 2025 (1 death), investigation ongoing