Hankook & Company 1Q 2026 Results: Operating Profit Up Amid Legal Risk and Tariff Uncertainty

Consolidated 1Q revenue KRW 378.4bn, operating profit KRW 121.7bn, net income KRW 124.7bn (EPS KRW 1,316)
Cash dividend of KRW 800 per share for FY2025 confirmed, interim dividend of KRW 300 paid
Former Chairman Cho Hyun-beom's breach of trust conviction finalized (2 years imprisonment) with appeal pending
US tariff policy uncertainty persists (court ruled illegal, government appealed)
US subsidiary Hankook & Company ES America Corp. has negative equity of KRW -33bn (deficit)
Put option derivative liability of KRW 26.9bn held
Debt ratio 11.83% (prior year 10.01%)
Cash and equivalents KRW 169.2bn (up from KRW 88.0bn)
Equity method income from associates KRW 101.8bn (mainly Hankook Tire & Technology)
US facility investment plan of KRW 48.4bn, with KRW 9.0bn executed