Seohee Construction Q1 2026: Revenue down, net profit up, but legal risks and trading suspension issues persist

Consolidated revenue KRW 191.7bn (Q1), continuing decline from prior year annual levels
Operating profit KRW 10.5bn, net profit KRW 19.4bn (controlling: KRW 18.7bn, EPS KRW 102)
Debt ratio 51.35% (up from 49.57% at year-end)
No share buyback or cancellation plans; no additional dividend disclosure
Significant litigation risks: multiple defect lawsuits and claims (88 cases filed against company, total amount KRW 164.1bn)
Investigation ongoing for Shinansan double-track railway collapse accident; potential losses uncertain
Stock trading suspended in 2025, resumed in May 2026 after listing maintenance decision
Former executive indicted for embezzlement/breach of trust; internal controls being strengthened
Total equity KRW 1.09tn, retained earnings KRW 924bn, solid financial structure

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