Narae Nanotech: Q1 2026 Consolidated Sales Up 107% YoY to 172.8 Billion KRW, Operating Profit Turns Positive, All Borrowings Repaid

Sales 172.8 billion KRW (up 107% YoY from 83.3 billion)
Operating profit 6.6 billion (turned positive from loss)
Net income 131.8 billion (includes 150 billion gain from asset disposal)
All borrowings fully repaid: total 70.8 billion including short-term 57.6 billion and long-term 12.1 billion
Cash and equivalents 10.4 billion, short-term financial instruments 45 billion, liquidity significantly improved
Increased customer concentration: Customer A accounts for 55% of sales (95 billion)
Acquired 7 artworks from CEO for 664 million (related party transaction)
Order backlog 38.2 billion (up 185% from 13.4 billion at end of previous year)