Hanwha Vision Q1 2026 consolidated operating profit of 22.1 billion KRW, security segment growth continues

Q1 2026 consolidated: revenue 441.4 billion KRW, operating profit 22.1 billion KRW; net loss attributable to parent 13.9 billion KRW (including discontinued operations)
Security segment: revenue 582.1 billion KRW, operating profit 25.4 billion KRW; Industrial equipment: operating loss 12.2 billion KRW; Semiconductor design discontinued
R&D expenditure: 69.0 billion KRW (16% of revenue), continued investment in AI and cloud-based new businesses
Credit ratings: Corporate bond A+, CP A2+ (NICE, Korean Investors Service)
Signed contract to purchase office building in Bundang (January 2026), recognized investment property of 307.7 billion KRW
Completed merger with former Hanwha Vision in January 2025; exempted from holding company regulations in July 2025
Key lawsuits: Wage lawsuit concluded after first trial win; Two patent infringement lawsuits (by and against Hanmi Semiconductor) in progress
Subsidiary Hanwha Semitech decided on 50 billion KRW capital increase (April 29, 2026) to expand semiconductor equipment business
Established new sales subsidiary in Singapore: HANWHA VISION APAC PTE. LTD. (100% stake)
Separate: revenue 205.1 billion KRW, operating profit 15.6 billion KRW, net loss 7.9 billion KRW