C-SITE Q1 2026 Consolidated Operating Loss, Separate Operating Profit Improves

Consolidated revenue 38.7B won (down 8.6% YoY from 42.4B)
Consolidated operating loss 1.5B won (vs full year 2025 operating profit 0.15B)
Consolidated net loss 0.6B won, basic EPS -102 won
Separate (parent) operating profit 0.3B won (improved from 2025 annual loss of 1.26B)
Separate net profit 0.25B won, EPS 43 won
Credit rating upgraded from BB0 to BBB- (KISLINE, Mar 2026)
Total liabilities 48B won (up from 42.1B), borrowings 22B won
Cash 18.8B won (down from 27.6B)
No share buyback/cancellation plans, no dividends
All 4 subsidiaries recorded net losses (2 Indonesia, 2 Guatemala)
Key customer A revenue 27.1B won (70%), customer B 3.8B won