Unitrontech Q1 Consolidated Revenue Up 27.7% to KRW 220.3B, Operating Profit KRW 18.4B, Treasury Stock Cancellation

Q1 2026 consolidated revenue KRW 220.3B (YoY +27.7%), operating profit KRW 18.4B (YoY est. +71.5%), net income controlling KRW 15.8B (YoY +175%)
Completed cancellation of 258,668 treasury shares (approx. KRW 1.9B) in Feb 2026, reducing total issued shares to 20,751,403
Subsidiary Thor Drive (56% stake) started bankruptcy proceedings in April; additional impact limited due to prior impairment
Planned acquisition of additional stake in GPI via put option exercise to 70.4% (expected May 29), leading to consolidation
Consolidated cash & equivalents KRW 84.3B, debt ratio 114.75% (vs. 102.64% at end of 2025)