LF 2026 Q1 Strong Earnings, Ongoing Share Buyback and Improved Financial Structure

Consolidated Q1 2026 sales of KRW 461.9B, operating profit of KRW 44.4B, net income of KRW 31.6B (solid start at 24.5%, 26.4%, and 26.9% of full-year 2025 levels respectively)
Executing annual share buyback program of up to KRW 15B for 2024-2026: acquired 227,338 shares (KRW 5B) in Q1 2026 (Feb), total 1,010,361 shares (KRW 15.2B) in 2024, and 784,025 shares (KRW 15B) in 2025
Total debt-to-equity ratio improved to 29.58% from 31.66% at year-end 2025, net debt decreased to KRW 541.6B
Cash and cash equivalents increased 45% to KRW 309.2B from KRW 213.1B at year-end 2025
Subsidiary Koramco Asset Trust's adjusted net capital ratio at 431% (stable), substandard asset ratio at 40.5%
Litigation contingent liabilities: 192 trust-related lawsuits as defendant (amount KRW 143.1B), with one case provisioned at KRW 1.4B due to high probability of outflow

ADVERTISEMENT (250px+)