Kumho Construction Turns to Operating Profit in Q1 2026, Debt Ratio Rises to 551%

Consolidated Q1 revenue KRW 453.4B, operating profit KRW 12.1B (vs. full-year 2025 operating profit KRW 47.1B, 2024 loss KRW 181.8B, turning to profit)
Net profit KRW 10.8B (parent owners' share KRW 10.9B, EPS KRW 302)
Debt ratio 551% (up from 520% at year-end 2025), net cash position KRW 149.7B (vs. KRW 9.2B net cash at year-end 2025, significant improvement)
Treasury shares: 825,190 shares disposed (for employee compensation, 235,478 shares remaining), no dividend
PF contingent liabilities KRW 68.4B (down from KRW 139.6B at year-end 2025), overdue PF loans KRW 127.8B (expected equity conversion)

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