Hanjin Heavy Industries Holdings Q1 2026: Operating profit up 29%, debt ratio improves

Consolidated operating profit 49.6B KRW (up 29.1% YoY from 38.4B)
Consolidated net profit 35.5B KRW (up 26.6% YoY from 28.0B)
Power generation segment operating profit surged 40.8% to 41.3B KRW
City gas segment revenue slightly decreased (323.6B→308.9B) but operating profit stable at 9.5B
Golf course segment still loss-making (operating loss 0.7B) but improved YoY
Consolidated debt ratio improved to 260.7% from 278.7% at year-end 2025
Pending lawsuits: 5 cases (total amount ~5.3B KRW) – damage claims etc.
Separate cash dividend 2.9B KRW paid (same as prior year)
Separate operating revenue 8.8B, operating profit 7.7B, slight increase YoY