Korea Information Engineering Q1 2026 Consolidated Revenue Surges 269% YoY to 170.7 Billion Won, Operating Profit Turns Positive

Q1 2026 consolidated revenue 170,730 million won (up 269% from 46,293 million in Q1 2025), operating profit 1,072 million won, net profit attributable to parent 733 million won (vs loss in prior year)
Separate (parent) revenue 168,373 million won, operating profit 1,835 million won, net profit 1,351 million won (vs loss of 216 million in Q1 2025)
IT hardware distribution (product sales) accounts for 98.51% of total revenue; major customer (A) sales 134,772 million won (78.7% of consolidated)
Debt ratio increased to 125.2% (from 110.7% at year-end 2025); short-term borrowings surged to 16,372 million won (from 5,076 million), trade receivables rose sharply to 50,678 million won (from 18,614 million)
All three consolidated subsidiaries (Hwitek Investment, Shoplinker G&C, Soldex) recorded net losses; consolidated net profit attributable to parent 733 million won (non-controlling interest -145 million)
No share buyback, cancellation, or dividend activities; no dividend