Namsung 1Q 2026: Operating Profit Declines, Net Profit Surges on Non-Recurring Gains, Dividend Paid

Consolidated sales 18.5B KRW (down 7% YoY), operating profit 1.1B KRW (down 27%)
Net profit (controlling) 4.4B KRW (surge from 47M in 1Q 2025) due to one-off items: FX gains 4.7B and reversal of financial guarantee liabilities 4.8B
Paid cash dividend of 25 won per share (total 0.78B KRW)
Credit rating B+ (speculative), debt ratio 157.58% (consolidated), borrowings 102.7B KRW
Change in largest shareholder (to Yoon Seong-ho) and stock split (500 won → 5,000 won) planned