HD Hyundai Marine Solution: Q1 2026 Consolidated Sales KRW 574.6B, Operating Profit KRW 93.4B, Dividend Policy Announced (50-70% of Net Income)

Consolidated Q1 2026: Revenue KRW 574,608M, Operating Profit KRW 93,394M, Net Income (controlling) KRW 98,139M
EPS KRW 2,189
Debt-to-equity ratio 65.14% (up from 54.27% at year-end 2025)
Dividend policy: Target payout of 50-70% of separate net income for next 3 years; quarterly dividend maintained (record date May 11, 2026)
Total assets KRW 1,398,777M, equity KRW 847,037M
R&D expense KRW 2,124M (0.37% of revenue)
Business segments: AM Solutions (46%), Bunkering (46%), Eco-friendly Solutions (4%), Digital Solutions (4%)
Litigation risk: HJ Heavy Industries damage claim (KRW 1,442M, ongoing)
Derivative hedging: FX and crude oil price risk management (currency forwards, commodity futures)
5 consolidated subsidiaries including overseas entities