SG Holdings Q1 Operating Loss Widens, Turns to Net Loss

Consolidated revenue of KRW 8.95 billion, down 37% YoY
Operating loss of KRW 6.04 billion (vs. loss of KRW 2.43 billion in Q1 2025), loss widened
Net loss attributable to parent of KRW 9.92 billion (vs. net profit of KRW 1.69 billion), swung to loss
Net debt ratio increased to 80.2% (from 77.0% at end-2025), cash plummeted 67% to KRW 14.3 billion
Capital increased to KRW 105.88 billion due to conversion of CB and exercise of warrants
Holds advanced eco-friendly asphalt technologies with certifications from Ministry of Interior and Ministry of Land
Three lawsuits pending but deemed immaterial