HIZEAERO Swings to Profit in Q1 2026, Order Backlog at KRW 1.16 Trillion

Consolidated revenue KRW 20.3B (vs. 18.9B YoY), operating profit KRW 1.2B (1.6B), net profit KRW 1.2B (1.0B)
Separate revenue KRW 13.3B (13.2B), operating profit KRW 1.1B (1.3B), net profit KRW 1.0B (0.7B)
Order backlog KRW 1.1579 trillion (assembly KRW 970.9B, parts KRW 187.1B)
New B787 assembly contracts: KAI KRW 78.1B, Korean Air KRW 10.0B
Debt ratio consolidated 141% (136% at year-end), separate 166% (161%)
2025 AGM approved transfer of KRW 41.7B capital surplus to retained earnings, eliminating accumulated deficit
Credit rating BB- (Korea Data, NICE D&B)
Shareholder proposals (e.g., auditor appointment) rejected; lawsuit for accounting books inspection ongoing