Q1 net loss of 2 billion won, complete capital impairment continues

Under rehabilitation: proceedings started on 2026.03.06, rehabilitation plan due by 2026.05.22
Consolidated Q1 net loss of KRW 2.0 billion (EPS -9 won), operating loss of KRW 1.1 billion, revenue KRW 15.7 billion
Complete capital impairment: equity -KRW 143.7 billion, debt ratio incalculable, current liabilities exceed current assets by KRW 248.5 billion
Prior period errors corrected (8 items) leading to restatement of financial statements, significant uncertainty
56 lawsuits pending with total claims of KRW 29.0 billion, provision of KRW 3.1 billion
Contingent liabilities from PF guarantees of KRW 121.6 billion and conditional debt assumption agreements of KRW 84.8 billion
Consolidated operating cash flow negative KRW 0.28 billion; separate operating cash flow positive KRW 2.39 billion

ADVERTISEMENT (250px+)