Kyungin Synthetic: Improved Q1 2026 Results, Dividend Maintained, Debt Ratio Rises

Consolidated revenue KRW 107.8bn (+8.5% YoY), operating profit KRW 6.5bn (+22.6% YoY)
Net profit (controlling) KRW 5.2bn, EPS KRW 127
Cash dividend of KRW 50 per share for FY2025 approved at AGM
Treasury shares 748,597 (1.80%), plan to cancel by Sep 2027
Debt ratio 105.43% (FY2025: 98.78%), net debt ratio 88.9%
Dye segment 73.96%, Chemical segment 26.04% of revenue
India subsidiary operating profit KRW 1.5bn, up 116% YoY
FX sensitivity: USD 10% change impacts pre-tax profit ±KRW 0.9bn
Interest rate sensitivity: 0.05% change impacts interest expense ±KRW 55mn
Guarantees to related parties KRW 18bn, loans to Chinese subsidiaries KRW 4.6bn (fully impaired)

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