DAP records KRW 95.9bn net profit in Q1 2026 after KRW 93.96bn gain from sale of airline subsidiary

Sold entire stake (3,236,807 shares) in subsidiary Aero K Holdings on March 31, 2026, recording a disposal gain of KRW 93.96 billion
Recorded net profit of KRW 95.9 billion for the quarter (vs. net loss of KRW 3.26 billion in prior year period)
Core PCB business (continuing operations) still in loss: revenue KRW 93.8 billion, operating loss KRW 1.83 billion
Total liabilities sharply reduced from KRW 576.2 billion to KRW 132.6 billion; net debt from KRW 115.7 billion to KRW 40.7 billion
Equity turned positive from -KRW 20.8 billion (end-2025) to KRW 102.4 billion; lifted from managed stock designation
Collateral: land, buildings, etc. worth KRW 160.5 billion and USD 8 million pledged (to KDB, etc.)
81.5% of sales concentrated on two major customers (Samsung Electronics, etc.)
No concrete shareholder return plans (share buyback/cancellation) disclosed