EcoMarketing: Q1 Consolidated Sales Up 22.6% to KRW 89.4B, Introduces Quarterly Dividend, Largest Shareholder Changed

Q1 2026 consolidated sales KRW 89.4B (up 22.6% YoY from KRW 72.9B), operating profit KRW 5.8B, net profit attributable to parent KRW 5.1B (EPS KRW 164)
Largest shareholder changed from CEO Kim Cheol-woong to BCPEEABIDCOONE (88.62% stake)
Articles amended to introduce quarterly dividend and audit committee, improving governance
Debt ratio 61.29% (vs 58.25% at year-end 2025), cash & equivalents KRW 72.2B, borrowings KRW 8B
Subsidiary Andar reported strong sales of KRW 59.2B and operating profit of KRW 3.1B; Singapore and US units remained loss-making
History of share buybacks and cancellations (585K shares in 2022, 600K in 2024) and stock option grants