HiteJinro Q1 2026 Results: Revenue Decline, Operating Profit Stable

Consolidated Q1 2026 revenue: KRW 590.8 billion (down 3.6% YoY from KRW 612.8 billion)
Operating profit: KRW 55.9 billion; net income: KRW 35.8 billion (parent share: KRW 36.0 billion)
Revenue by segment: Soju 64.5%, Beer 27.1%, Water 6.1%, Others 2.3%
Overseas investments: additional capital injections in Singapore (KRW 17.8 billion) and Vietnam (KRW 29.0 billion) subsidiaries
Pending lawsuits: 6 cases (total claim amount ~KRW 3.3 billion) including VAT cancellation suits
Total equity: KRW 1.15 trillion; debt-to-equity ratio: 190%

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