2026 Q1: Revenue up 14% but net profit down; cash position strengthens

Q1 2026 standalone revenue: KRW 7,325M (+14.1% YoY), operating profit: KRW 619M (+4.3%)
Net profit: KRW 560M (-9.2% vs KRW 617M in Q1 2025), includes KRW 114M fair value loss on financial assets
Cash & equivalents: KRW 8,906M (up 170% from KRW 3,297M at year-end 2025); no contingent liabilities or litigation
Company name changed to 'Winners Elec'; added AI product business purpose
Credit rating maintained at BBB+; debt ratio 35.6% (up from 22.5% at year-end 2025)