PNT Reports 33% Revenue Decline in Q1 2026 YoY, Operating Profit of 8.8B KRW, Order Backlog Maintained at 1.49T KRW

Consolidated Q1 2026 revenue: 101.4B KRW, operating profit: 8.8B KRW, net income attributable to controlling interest: 21.2B KRW
33% decline in consolidated revenue compared to Q1 2025 (151.8B KRW)
Consolidated order backlog of 1.49T KRW (445 projects), securing stable future performance
R&D investment of 7.0B KRW (6.94% of revenue), continued development of next-gen technologies (dry electrode, solid-state battery)
Cash dividend of 200 KRW per share approved for FY2025 (vs 100 KRW for FY2024), enhancing shareholder returns
Three ongoing lawsuits related to subsidiary PNT MS (total 5.3B KRW), management deems immaterial
Cash and cash equivalents: 80.7B KRW, debt-to-equity ratio: 149.6%, stable financial structure
Inventory at 784.5B KRW (42.9% of total assets), remaining at elevated level