Enertork Swings to Profit in Q1 2026 and Declares Cash Dividend
Consolidated Q1 2026 revenue: 5.33 billion KRW, operating profit: 3.87 billion KRW (separate operating profit: 0.12 billion KRW), swinging to profit from a net loss of 0.27 billion KRW in the same period last year
Board resolved on Feb 2026 to pay a cash dividend of 100 KRW per share (dividend yield ~1.0%)
Debt ratio 22.82%, sound financial structure with 8.19 billion KRW in cash and equivalents
First quarterly results after major shareholder changed to Buko Premium Private Equity (11.91% stake)
Outstanding second convertible bond of 5 billion KRW (conversion price 7,508 won, maturity 2030) and derivative liability of 2.39 billion KRW pose potential dilution risk