Woojin I&S 2026 Q1: Revenue Up but Operating Loss Continues, Order Backlog at 184.8 Billion Won

Q1 2026 revenue: 48.1 billion won (up 59% YoY from 30.2 billion)
Operating loss: 2.15 billion won (improved from 3.08 billion loss in Q1 2025)
Net loss: 2.17 billion won (vs 3.08 billion loss prior year)
Order backlog at end of Q1: 184.8 billion won (securing future revenue)
Credit rating: A- (NICE D&B, Apr 8, 2026)
Pending litigation: Seojin Air Conditioning claim of 1.3 billion won (appeal ongoing)
No dividend or share buyback/sell during the period
Debt ratio 26%, cash equivalents 6.5 billion won; stable financial structure