LTC Q1 2026: Consolidated Revenue 98.8B KRW, Operating Profit 18.1B KRW

Consolidated Q1 revenue 98.8B KRW (YoY +30%), operating profit 18.1B KRW (+92%), net income 17.1B KRW (+156%)
Debt ratio improved to 68.5% (from 71.4% at year-end), total equity 240.1B KRW
Separate revenue 8.0B KRW, operating loss 0.2B KRW (narrowed from 0.9B loss YoY)
Strong performance from subsidiaries: LSE (semiconductor equipment) and LTC-AM (chemicals)
Convertible bonds outstanding 3.32B KRW (LSE 1.2B, WinTel 2.0B), derivative liabilities 1.76B KRW
Treasury shares 228,454 held; no dividends declared (no shareholder return event)
R&D expense 2.4B KRW; multiple patents and government projects ongoing
Partial settlement of contingent liabilities from acquisition of Mujin Electronics