Samjung Pulp posts operating loss in Q1 amid Pyeongtaek plant shutdown

Q1 2026 sales KRW 26.9bn (down 32% YoY), operating loss KRW 1.1bn (swing to loss), net loss KRW 16.0bn (including financial asset valuation loss)
Pyeongtaek plant production line suspended (H2 2025) causing sales decline and fixed cost burden
Strong financials: net cash KRW 30.6bn, debt-to-equity ratio 10.4%, equity ratio 90.5%
Cash dividend for fiscal year 52 resolved (board decision); amount undisclosed in report
New business diversification: added cosmetics and e-commerce (education business halted)
ESG awards: won ESG Grand Prize in 2023 and 2024
Board changes: CEO reappointed, new outside director appointed, auditor changed