PMT Swings to Operating Profit in Q1 2026, But Credit Rating Downgraded to CCC

Revenue of 15.87 billion won, operating profit of 0.16 billion won, turning to black (2025 annual operating loss of 20.39 billion won)
Net income of 1.27 billion won (2025 annual net loss of 22.48 billion won)
Debt ratio of 499.6%, slightly improved from 503.0% at end of prior year
Credit rating downgraded to CCC (continued decline from B+ in prior year)
R&D expenses of 0.83 billion won (5.2% of revenue)
Major customers: Samsung Electronics, Samsung China Semiconductor, MXIC
No disclosure of share buyback/cancellation or dividends
Received 1.8 billion won in loans and payment guarantees from largest shareholder Protec