SK Oceanplant Q1 2026 Results: Operating Profit of KRW 16.9B, Order Backlog of KRW 1.2T

Q1 2026 consolidated revenue of KRW 174.7B, operating profit of KRW 16.9B, net profit of KRW 9.9B
Order backlog of KRW 1.22T, maintaining a solid order base centered on offshore wind and special ships
Signed Master Ship Repair Agreement (MSRA) with US Navy in February 2026, entering the MRO market for small/medium naval support ships
Ongoing investment in a new offshore wind substructure plant (total KRW 1.15T, KRW 439.6B already executed)
Credit rating upgraded from previous year to A- (SCI, Mar 2025) and BBB+ (Korea Ratings, Jun 2024)
Subsidiary Samkang S&C fined KRW 2B for violation of Serious Accident Punishment Act, former executives sentenced to prison (Sep 2025)
No dividend paid (no dividends for the past 5 years)