SD System Reports Q1 2026 Operating Loss of 864 Million Won, Significant YoY Decline
Q1 2026 consolidated sales KRW 27.9 billion, down 58% from KRW 66.6 billion in same period last year
Operating loss of KRW 8.6 billion (vs. operating profit of approx. KRW 0.9 billion in Q1 2025), net loss KRW 7.4 billion (vs. net profit KRW 2.1 billion)
Loss per share of KRW 55 (vs. EPS KRW 16 in Q1 2025), no dividend
Debt ratio at 20.82% remains low, but accumulated deficit of KRW -142 billion persists
Main business segments: Intelligent Transport Systems (ITS) 59.2%, Fire Safety Systems 28.2%, Toll Collection 7.2%, Hi-pass OBU 5.2%
No significant lawsuits or contingencies; auditor unchanged (Seonjin Accounting Corporation designated)