Hansol HomeDeco Q1 2026: Operating Profit Up 129% YoY, Financial Structure Improves

Consolidated Q1 2026 revenue: KRW 69.1bn (down 7.0% YoY from KRW 74.3bn), operating profit: KRW 2.7bn (up 129% YoY from KRW 1.2bn), net profit: KRW 3.5bn (up 454% YoY from KRW 0.6bn).
Debt-to-equity ratio improved to 62.65% from 75.41% at end-2025; net debt decreased to KRW 62.8bn from KRW 75.1bn.
Cash and equivalents: KRW 17.5bn, up from KRW 9.0bn at end-2025.
EPS: KRW 44 (vs KRW 10 in Q1 2025).
Standalone: revenue KRW 68.8bn, operating profit KRW 2.8bn, net profit KRW 2.1bn.
Subsidiary Hansol New Zealand's equity worsened to -KRW 75.4bn; full allowance for loans and interest receivables (KRW 66.3bn).
One litigation (revocation of fraudulent conveyance) in progress, fully provisioned.
No share buyback/cancellation; no dividends (accumulated losses).
Credit ratings maintained: A3 (CP), BBB (corporate bond).

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