Dongwoon Anatech Q1 2026: Net Profit Turnaround Despite Operating Loss, Announces Treasury Share Cancellation Plan

Q1 2026 revenue KRW 308.2B, operating loss KRW 18.5B, net profit KRW 10.2B (swing to profit from net loss of KRW 36.3B in Q1 2025)
Plan to cancel all 695,491 treasury shares (3.33%) within 2026 announced as part of 'Value-Up Program'
Debt ratio increased to 70.1% from 58.8% at year-end; debt dependency 25.5%
Cash and cash equivalents KRW 42.9B, net cash KRW 34.2B (cash KRW 42.9B - borrowings KRW 17.0B)
R&D expenses KRW 5.3B (17.2% of revenue); D-SaLife (saliva glucose monitor) licensing planned for 2026
Equity method loss of KRW 65.2M from relation Challwoon Semiconductor