Maeil Holdings Q1 2026: Operating Profit Up 52%, Dividend Maintained at 260 Won
Consolidated revenue: 557.6 billion KRW (+4.2% YoY), operating profit: 18.0 billion (+52.4%), net income attributable to controlling: 6.6 billion.
Separate revenue: 8.8 billion (including 5.6 billion dividend income), net income: 5.8 billion.
Debt ratio at 66.25%, stable; cash and equivalents: 318.6 billion.
Cash dividend of 260 won per share (total 3.2 billion) approved; shareholder proposals for 810 won dividend and additional share buyback/cancellation rejected.
Treasury shares: 942,082 shares (7.08%) at end of period; no new acquisition or cancellation during Q1.
Subsidiary Maeil Dairy merged with Maeil Health Nutrition on May 1, 2026 (zero-stock merger).
Food service segment (coffee shops, etc.) continued operating loss of 0.44 billion.
Five pending major lawsuits with uncertain outcomes.