Jin Young Q1 2026: Revenue Up, Loss Narrows, Operating Cash Flow Turns Positive

Consolidated revenue KRW 8.52bn (up 15.8% YoY from KRW 7.36bn)
Consolidated operating loss KRW 0.90bn (improved from KRW 1.59bn loss in prior year)
Consolidated net loss KRW 1.06bn (improved from KRW 1.40bn loss)
Consolidated operating cash flow +KRW 1.07bn (vs -KRW 8.17bn in prior year)
Total borrowings KRW 28.43bn, net debt KRW 27.54bn, debt ratio 94%
Full early redemption of KRW 10bn convertible bond completed (March 27, 2026)
Consolidated equity KRW 37.25bn, gearing ratio 42.5%
R&D expense KRW 0.19bn (2.18% of sales)
Subsidiary Nechero's production facility normalized, expanding capacity
Two pending lawsuits (aggregate claim amount approx. KRW 1.95bn)