INCAR FINANCIAL SERVICE (211050) Q1 2026 earnings summary

Executive summary

• Achieved consolidated sales of 301,234 million KRW in 2006 Q1, a 0.9% increase year-over-year, driven by stable growth in insurance product sales and expanding sales force.

• Completed a small-scale merger with subsidiary Dream Life in May 2006 to enhance nationwide business competitiveness and synergy.

• Maintains strong partnerships with major domestic life and non-life insurers, supporting stable revenue streams.

Financial highlights

• Consolidated sales for 2006 Q1: 301,234 million KRW, up 0.9% year-over-year.

• Net income attributable to controlling interests: 22,482 million KRW for the quarter.

• Total assets at quarter-end: 990,255 million KRW; equity capital: 51,370 million KRW.

• Basic EPS for the quarter: 32.24 KRW.

Outlook and guidance

• Focus on expanding face-to-face sales channels and hybrid organizational structure for long-term growth.

• Continued investment in IT systems, risk management, and sales force training to adapt to changing financial environments.