POSCO M-Tech Swings to Profit in Q1 2026 with Operating Income of KRW 2.5bn
Revenue of KRW 103.3bn and operating profit of KRW 2.5bn, swinging to profit from loss in the same period last year (prior-year operating loss of KRW 0.8bn)
Net income of KRW 2.2bn, EPS of KRW 54 (prior-year net loss of KRW 0.8bn, EPS of -KRW 18)
Cash and cash equivalents of KRW 30.8bn, up KRW 7.3bn from year-end 2025
No borrowings, solid financial structure
High reliance on parent POSCO (83.4% of sales) but provides stable revenue base
Dividend declared: dividends payable of KRW 0.42bn (vs. prior period)
Market share in aluminum deoxidizer: 45% (vs. PJ Metal 55%)
R&D expenditure of KRW 0.18bn (0.17% of sales)
No significant litigation or contingent liabilities