Shinil Electronics Q1 2026: Revenue Up, Operating Loss Narrows, Share Buyback and Dividend

Revenue 33.3bn KRW (vs 31.7bn, +5%), operating loss 0.25bn (vs 0.75bn loss, narrowing), net loss 0.95bn (vs 0.83bn loss, widening)
Completed retirement of 1mn treasury shares (1.4bn) in Feb 2026, reducing outstanding shares to 67.1mn
FY2025 dividend of 20 won/share (total 1.36bn) paid in April 2026
Total borrowings decreased by 84.6bn to 196.4bn, net cash position of 6bn (vs net debt 7.7bn at year-end 2025)
Foreign currency exposure: USD liabilities 22.2bn, assets 4.2bn; 10% USD appreciation would cause 1.8bn loss
Two ongoing lawsuits (wage 0.31bn, license 0.1bn) in first trial