GS Engineering & Construction Corp Corrects XBRL Errors in Q1 2025 Quarterly Report, No Financial Impact… Reports Consolidated Revenue of 3.06 Trillion Won, Operating Profit of 70.4 Billion Won, and Confirms 300 Won Dividend

This amendment corrects XBRL tagging errors in the Q1 2025 quarterly report filed on May 14, 2025, fixing footnotes in both consolidated and separate financial statements without any changes to financial figures.
Consolidated Q1 2025 revenue was 3.06 trillion won, operating profit 70.4 billion won, net profit 13.7 billion won, with a debt-to-equity ratio of 256%. The building and housing segment contributed 65.6% of revenue, while Inima and infrastructure segments showed improved performance.
PF contingent liabilities total 4.44 trillion won in guarantees, including joint guarantees for rehabilitation projects and other business bridge loans and main PF, along with completion guarantee agreements. Litigation related to the Geomdan accident is ongoing but enforcement stays are in place.
A cash dividend of 300 won per common share has been confirmed for fiscal year 2024, yielding 1.7%. The company maintains a medium-term policy of returning at least 20% of adjusted consolidated net profit attributable to controlling interest to shareholders.
[AI Summary]This correction solely addresses XBRL tag errors and does not affect financial statement reliability or investment decisions. GS E&C's Q1 2025 performance is driven by solid revenue from building and housing and stable profits from Inima. PF risks warrant monitoring, but overall financial structure remains stable.