Wonik IPS 1Q26 Results: Sales Up 32.8% and New Dividend Policy

Consolidated revenue ₩164.9B (+32.8% YoY), operating profit ₩10.7B, net income ₩22.1B
3-year dividend policy (2025-2027): payout ratio gradually increases from 12% to 14%, enhancing shareholder returns
Debt ratio 28.5% (up from 20.1% at FYE), cash & equivalents ₩152.9B, increased
R&D expenses ₩41.6B (25.2% of sales), IP holdings 1,999 patents/trademarks
Order backlog ₩400.4B, new subsidiary (ATIS) and related party investments expanded
Credit rating A+ (Ecreditable), no material litigation risk