Tailim Packaging Reports 1Q26 Consolidated Operating Loss of 3.5bn Won, Debt Ratio Rises to 118.9%

1Q26 consolidated net revenue KRW 187.1bn, operating loss KRW 3.5bn, net loss KRW 4.8bn (vs. operating loss 5.0bn and net loss 9.2bn in 1Q25)
Debt ratio 118.9% (vs. 112.1% at end-2025), current ratio 49.5% (vs. 48.2%), financial structure weakening
Corrugating medium segment posts operating profit of KRW 1.8bn, but core box segment incurs operating loss of KRW 5.3bn, dragging overall results
Standalone: operating loss KRW 5.3bn, net loss KRW 6.3bn, loss per share KRW 91
Cash & equivalents KRW 7.0bn, borrowings KRW 282.8bn, net debt significant
Dividend: no formal policy, no dividends paid in recent 3 years (minimal shareholder returns)
No material litigation, contingent liabilities, or share buyback/cancellation plans