Taihan Fiberoptics improves financial structure and narrows losses, completes INCAB acquisition

Debt ratio improved sharply from 228.6% to 116.7%, equity increased from 66.6bn to 116.0bn won
Consolidated sales up 34.8% to 34.2bn won, operating loss 4.0bn (similar to previous quarter), net loss reduced to 3.7bn won (from 7.0bn)
Strengthened financial stability through rights offering (23.5mn shares) and deficit coverage from capital surplus (41.5bn won)
Post-report: subsidiary TFO Networks completed acquisition of 90% stake in INCAB AMERICA LLC (Apr 27, 2026)