GS Engineering & Construction Corp Files Correction to Half-Year Report for XBRL Errors, No Financial Impact, Credit Rating A0 Maintained

This correction filing is to fix XBRL tagging errors in the half-year report submitted on August 13, 2025, affecting certain notes to the consolidated and separate financial statements.
There are no changes to any financial figures; the financial position, performance, and cash flows from the original half-year report remain unchanged.
For the first half of 2025, consolidated revenue was 6.26 trillion won, operating profit 232.4 billion won, and net loss 73.3 billion won. Debt-to-equity ratio stood at 253.2%.
On a separate basis, revenue was 4.36 trillion won, operating profit 322.5 billion won, and net profit 108.9 billion won.
A cash dividend of 300 won per common share for fiscal year 2024 has been confirmed, representing a dividend yield of 1.7%.
PF contingent liabilities totaled 4.90 trillion won in guarantee amounts, including joint and several guarantees and completion guarantees for bridge loans and main PF related to redevelopment and other projects. Legal proceedings regarding the Geomdan accident are ongoing but have been stayed, with no impact on operations.
[AI Summary]This correction solely addresses XBRL tag errors and does not affect the reliability of the financial statements or investor decision-making. GS Construction's first-half 2025 performance is supported by solid sales from the building and housing division and stable earnings from Inima. While PF risks require monitoring, the overall financial structure remains stable.