Essentech Swings to Operating Profit of KRW 823M in Q1 2026; Revenue Up 17%
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Q1 2026 revenue KRW 16.27B (vs KRW 13.90B in Q1 2025), up 17.0%
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Operating profit KRW 823M (vs KRW 360M), net profit KRW 804M (vs KRW 360M)
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Debt ratio 166% (FY2025: 159%), net debt ratio 129%; high leverage
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#1 in LPG valve market (65% share); vertical integration provides cost advantage
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Major shareholder (주)대창 (50% stake) and CEOs provide guarantees (~KRW 23B)
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Accumulated deficit KRW 21.35B; no dividends; future dividend possible if surplus arises
KOSDAQ Filing Information
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Filing: Quarterly Report (2026.03)
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Company: ESSEN TECH (043340)
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Submission: ESSEN TECH CO., LTD.
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Receipt: 05-15-2026