Semyung Electric: Q1 2026 Sales +90%, Operating Profit +34%, EPS 187 Won

Q1 2026 revenue: 9,560M KRW (+90% YoY from 5,023M)
Operating profit: 3,966M KRW (+34% YoY from 2,950M)
Net income: 2,845M KRW (+21% YoY from 2,363M)
EPS: 187 KRW (vs 155 KRW in Q1 2025, +21%)
Hardware segment sales: 9,474M KRW (+92% YoY) driven by HVDC orders
Non-operating loss: 782M KRW from fair value loss on financial assets (vs 78M last year)
Debt ratio: 20.75% (slight increase from 18.48% at year-end 2025)
Cash dividend paid: 3,354M KRW (220 won per share, for FY2025)
Order backlog: 23,251M KRW (mainly HVDC)