SeAH Besteel Holdings Q1 2026: Net profit surges 265% YoY, operating profit up 72%

Consolidated sales 967.6B won (+7.5% YoY), operating profit 31.1B won (+71.8%), net income 21.9B won (+265%)
Special steel segment OP 24.4B won, aluminum extrusion segment OP 6.7B won
Separate (holding) revenue 77.6B won (dividends 72.9B), OP 73.9B won, net income 73.5B won
Credit ratings unchanged: bonds A+(stable), CP A2+
Debt ratio 105.02% (slight increase from 100.44% at year-end 2025)
Dividend policy: 30%+ payout ratio for 2024-2027, minimum 1,000 won per share for 2024-2025
Provision of 36.8B won for ongoing ordinary wage lawsuits