Paratech: Q1 2026 Sales Plunge and Operating Loss Widens

Consolidated revenue: 27.2 billion KRW, down 43% YoY (from 47.7 billion)
Operating loss: -6.2 billion KRW (expanded from -1.5 billion loss)
Net loss attributable to parent: -5.5 billion KRW (vs -2.4 billion loss)
Adjusted debt ratio improved to 77.7% (from 94.5% at year-end) – capital increase via equity and CB conversion
Shares outstanding increased from 37.8 million to 52.2 million (third-party allotment 0.7M, CB conversion 13.8M)
Post-report: signed a 46.3 billion KRW overseas supply contract (India) on April 1, 2026
Approved 5:1 stock split (effective July 28, 2026)
PF guarantees: 96 billion KRW (from 90.7 billion) – related to subsidiary Hurim Construction
No dividends declared