Sammi Metal Q1 Net Profit Soars 4.4x, Order Backlog Up 66%

Q1 2026 revenue KRW 18.26B (YoY +3.3%), operating profit KRW 1.60B, net profit KRW 1.25B (4.4x vs KRW 0.29B in Q1 2025)
EPS KRW 56 (Q1 2025: KRW 15), diluted EPS KRW 55
Order backlog KRW 25.99B (up 66% from KRW 15.64B at end-2025)
Signed KRW 10.8B turbine blade supply contract with Doosan Enerbility (Mar 2026)
Investing KRW 8.99B in connecting rod machining plant
Completed KOSDAQ listing via SPAC merger in Dec 2025
Total borrowings KRW 73.0B, net debt KRW 56.77B, gearing ratio 37.64%
Plans to cancel 1,682 treasury shares
Convertible bonds KRW 1.57B (conversion price KRW 1,827, 859,567 shares)