Credit rating upgraded to BBB+ (prior BBB0) by NICE Investors Service, reflecting improved financial stability
Won eM platform battery pack case supply contract (total KRW 939.9bn); supply delayed but long-term growth expected
US Georgia plant completed and mass production started; India Pune plant operational — expanding global production footprint
Total assets KRW 1.74tn, debt-to-equity ratio 188.3% (vs 172.9% prior), increased borrowings raised financial leverage
Mid-to-long-term dividend payout ratio maintained at around 7% of consolidated net income; decided year-end dividend in March 2026 (per share amount not disclosed)
Contingent liabilities exist, including debt guarantees for overseas subsidiaries of approx. USD 250mn
R&D spending KRW 16.1bn (3.2% of sales); won Rivian R2 project, strengthening eco-friendly vehicle parts portfolio