Younghwa Tech: 1Q26 Consolidated Net Income Up 168% YoY to 77.4B won, Dividend Raised

Consolidated revenue: 24.4B won (down 8.8% YoY from 26.8B)
Consolidated operating profit: 3.1B won (down 14.4% YoY from 3.6B)
Consolidated net income (controlling): 7.7B won (up 168% YoY from 2.9B) driven by non-operating gains (FX gains, miscellaneous income)
Basic EPS: 724 won (vs 276 won in prior year)
Dividend per share: 130 won (up 30% from 100 won), total 1.39B won to be paid
Credit rating: BBB+ (NICE, Apr 11, 2026)
Net cash: 7.1B won (net debt ratio -7.45%), sound financial position
All treasury shares (229,000) disposed of on Feb 26, 2026 at 8,999 won per share
R&D expense: 3.0B won (12.27% of revenue, up from 9.72% in prior year)
Mexican subsidiary posted net loss of 1.8B won; US subsidiary net loss of 0.1B won
Subsequent event: Board approved issuance of redeemable convertible preferred shares via third-party allocation (Apr 28, 2026)