LS Marine Solution Q1 2026: Revenue Up 19% YoY, Order Backlog 715.3B KRW

Consolidated Q1 2026 revenue: 52.8B KRW (+19% YoY), operating profit 4.2B, net income 6.1B
Order backlog: 715.3B KRW (as of Mar 31, 2026)
Cash and equivalents: 114.9B KRW; strong financial position
Subsidiary LS Buildwin contributed 38.4B revenue (72.7% of total)
New CLV construction underway (345.8B contract); equity offering completed in Aug 2025 (417.8B)
Issued exchangeable bonds based on treasury shares (37.4B) in Dec 2025
Ongoing lawsuit from KEPCO (6.2B claim) – first trial won, appeal pending
No separate shareholder return policy announced