MDS Tech 1Q 2026: Operating Profit Surges 205%, Net Income Doubles

Consolidated 1Q 2026 revenue 50.9B KRW (+15.7% YoY), operating profit 4.5B KRW (+205%), net profit attributable to parent 2.2B KRW (+107%)
Cash and equivalents 53.1B KRW, net debt-to-equity ratio 8.15%, solid financial position
Non-cash derivative loss of 1.6B KRW from convertible bond valuation, but operating performance sharply improved
Expanded investment in related companies: 47B KRW contributed to GTGF Holdings
Completed stock split (2.5:1) after reporting date, reducing shares to 41,076,968
No announcement of share buyback or dividend