Samyoung M-Tek Q1 2026: Consolidated sales surge to 130.9B won, credit rating upgraded to BBB+

Q1 2026 consolidated sales: 130.9B won, operating profit: 5.6B won, net income: 4.2B won (attributable to parent: 3.8B won, EPS 307 won)
YoY comparison not feasible (subsidiaries added in 2025; consolidated entities expanded from 3 to 15)
Credit rating upgraded to BBB+ (NICE D&B) from BBB0 at end of prior year
Pursuing new businesses: BTL projects and LH purchase agreements; revenue expected from 2029
Increased borrowings: short-term 148.9B won, long-term 34.8B won (net debt 151.3B won)
Derivative valuation loss of 1.1B won (currency forwards) recognized
2025 cash dividend of 165 won per share paid (target payout ratio over 25%)
Acquiring seismic safety diagnosis license; planning to participate in government bids
Total assets: 574.2B won, total liabilities: 320.8B won, equity: 253.4B won