| Retained Earnings |
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(1) |
Retained earnings as of December 31, 2025 and 2024 are as follows: |
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| Appropriated: |
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| Legal reserve |
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₩ |
22,320 |
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22,320 |
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| Reserve for business expansion |
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10,131,138 |
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9,981,138 |
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| Reserve for technology development |
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4,865,300 |
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4,715,300 |
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14,996,438 |
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14,696,438 |
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| Unappropriated |
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7,919,510 |
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8,257,369 |
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₩ |
22,938,268 |
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22,976,127 |
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The Korean Commercial Act requires the Parent Company to appropriate as a legal reserve at least 10% of cash dividends paid for each accounting period until the reserve equals 50% of outstanding share capital. The legal reserve may not be utilized for cash dividends, but may only be used to offset a future deficit, if any, or may be transferred to share capital.
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