Muhak Q1 2026: Operating Profit KRW 659M but Net Loss of KRW 11.6B

Q1 2026 consolidated revenue KRW 35.7B, operating profit KRW 0.66B (vs full-year 2025: revenue 143.8B, op profit 10.2B)
Net loss of KRW 11.6B due to other expenses of KRW 19.5B (including financial asset valuation losses)
EPS (consolidated) -425 won, separate -420 won
Borrowings increased by KRW 30B to KRW 72B
No share buybacks, cancellation, or dividends
Added new business purposes (solar, agriculture, franchise) but most not yet active
Maintained 5 subsidiaries
Credit rating A+ (Korea Ratings)