PIMS: Q1 2026 Consolidated Operating Loss Narrows, Net Profit Turns Positive

Q1 2026 consolidated sales KRW 15.29bn (2.6% YoY decline), operating loss KRW 0.14bn (improved 89% from KRW 1.27bn loss), net profit KRW 0.03bn, turning to black
Separate: operating profit KRW 0.09bn, net profit KRW 0.04bn, also turning around (vs losses of KRW 0.13bn and KRW 1.40bn in Q1 2025)
Debt ratio rose to 86.1% (from 78.3% at end-2025); total borrowings KRW 27.4bn (vs KRW 26.3bn)
High customer concentration: 87.4% of sales from a single customer
R&D expense KRW 0.39bn (0.25% of sales); holds 31 patents
Trade receivables allowance KRW 0.72bn (down from KRW 1.38bn at year-end)