SUNGWOO's Q1 2026 Consolidated Operating Profit Plunges 73%; Net Profit Slightly Down; Declares 200 KRW Dividend

Q1 2026 consolidated revenue 23.9B KRW (-0.6% YoY), operating profit 0.22B KRW (-73.1%), net profit 1.58B KRW (-3.8%)
Separate financials: operating loss 0.39B KRW (vs operating profit 0.04B KRW in prior year), net profit 1.07B KRW (+19.6%)
Declared cash dividend of 200 KRW per share for FY2025 (up from 150 KRW previous year). 5 consecutive years of dividend
Debt ratio 11.89%, net cash position
Key product: Topcap Ass'y (67.3% of sales). Completed development of 46pi cylindrical battery components
R&D expense 1.37B KRW (5.75% of sales), holds 11 patents
Major shareholders own 73.76% stake