Monalisa Q1 2026: Operating Profit of 3.3B Won, Turnaround to Profit, Debt-Free with 13.8B Cash
Q1 2026 consolidated sales: 32.29B won (vs 31.66B in Q1 2025, +2.0%); operating profit 0.33B (vs loss of 0.38B, turnaround); net profit 0.34B (vs net loss of 0.16B)
As of Mar 2026: debt ratio 21.4%, no interest-bearing debt, cash & equivalents 13.87B won, credit rating A+ (stable)
In Jan 2026, a fire occurred at the factory of associate HiBetter (3.38% stake); settlement not completed, equity method valuation limited
Two ongoing lawsuits: 1) claim for unjust enrichment approx. 0.23B won, 2) claim for unpaid goods approx. 8M won; management expects no material impact
Dividends: 49th term dividend of 1.83B won (50 won per share) paid; no further share buyback or cancellation plans