Young Poong (000670) investor relations material

Executive summary

• Revenue for the first half of 2026 was KRW 1,704.3 billion, with operating income of KRW 44.8 billion and net income attributable to controlling interests of KRW 377.8 billion, marking a significant turnaround from the previous year's losses.

• The company operates in smelting (zinc and non-ferrous metals), PCB, semiconductor packaging, and other segments, with a global presence and diversified subsidiaries.

• The group faced significant regulatory and legal challenges, including environmental compliance issues, ongoing litigation, and accounting sanctions.

Financial highlights

• Revenue for H1 2026: KRW 1,704.3 billion (down from KRW 2,908.9 billion in FY2025).

• Operating income: KRW 44.8 billion (vs. operating loss of KRW 259.7 billion in FY2025).

• Net income attributable to controlling interests: KRW 377.8 billion (vs. net loss of KRW 8.3 billion in FY2025).

• Cash and cash equivalents at period end: KRW 205.4 billion.

• Total assets: KRW 6,357.5 billion; total equity: KRW 4,450.5 billion.

Outlook and guidance

• The company aims to maintain stable dividends and targets a payout ratio of around 30% of standalone net profit, subject to business conditions.

• Ongoing investments in environmental remediation and facility upgrades are expected to continue.

• Market conditions for zinc and PCB remain volatile, with expectations of continued demand in electronics and automotive sectors.