YJ Link Q1 2026: Sales and Profit Surge, Swings to Operating Profit

Consolidated Q1 2026 revenue: 14.68 billion KRW, up 94.2% YoY
Consolidated operating profit: 1.14 billion KRW, swinging to profit from loss YoY
Consolidated net profit: 2.65 billion KRW, compared to net loss of 1.79 billion KRW in Q1 2025
Separate revenue: 13.89 billion KRW, up 98.5% YoY
Separate operating profit: 0.42 billion KRW, turning to black
Credit rating downgraded to BB- (from BB+) by iCreable
Ongoing lawsuit by MSTechnology for 300 million KRW damages; provision of 126.6 million KRW booked
Leverage ratio improved to 22.67% from 25.64% at year-end 2025
Global expansion: Mexico plant completed, India plant under construction
No shareholder return activities (buyback, dividend) disclosed