Hansung Enterprise Q1 2026 Net Profit Surges 75.6%, but High Debt and BB+ Credit Rating Persist

Q1 2026 consolidated net profit 1.87 billion won (EPS 331 won), up 75.6% YoY; operating profit 3.03 billion won, up 12.9%.
Revenue 77.67 billion won, down 4.2% from 81.07 billion won in prior year period.
Total borrowings 114.0 billion won, net debt ratio 143%; corporate bond credit rating BB+ (speculative).
Contingent liabilities: guarantees to related parties of 9.66 billion won.
Received 2 penalty points from Korea Exchange in July 2025 for canceling asset disposal decision.
No dividends or share buyback/cancellation planned.