Jae Young Solutec Q1 2026: Revenue up 51% YoY, Operating Profit Surges 562%

Q1 2026 consolidated revenue KRW 58.06bn, operating profit KRW 9.13bn, up 51% and 562% YoY respectively
Consolidated net income of KRW 9.29bn, turning from loss of KRW 0.51bn a year ago; EPS KRW 79
Debt ratio improved to 96.9% from 111.5% at year-end, but retained deficit remains at KRW 33.2bn
No shareholder return: no dividend plan, no share buyback or cancellation
Top 5 customers account for 91% of sales; a 10% FX fluctuation impacts pre-tax profit by ~KRW 1.66bn
Vietnamese subsidiary JAEYOUNG VINA posted net profit of KRW 1.77bn, swinging from loss a year ago
R&D spending KRW 1.14bn (2.0% of sales); holds 69 camera module-related patents
Credit rating B+ (NICE D&B), speculative grade; CEO provides personal guarantees of KRW 23.9bn