Powercom Co., Ltd. Announces Implementation Status of Q1 2026 Excessive Lending Improvement Plan
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AI Summary (NQ-processed)
Powercom Co., Ltd. announced the implementation status of its Q1 2026 improvement plan for exceeding loan limits. The company's net worth significantly decreased due to previous losses, causing the excess. Powercom is actively working on business diversification and market expansion to improve profitability, with a subsidiary's overdue loan currently in litigation.