Seowon Intech 1Q26 Net Profit 3.18B KRW, Annualized Up Sharply YoY

Consolidated 1Q26 revenue 36.5B KRW, operating profit 1.01B KRW, net profit 3.18B KRW
Net profit of 3.18B KRW is 57% of full year 2025 net profit (5.53B), annualized ~12.7B, significant increase YoY
Basic EPS 185 KRW (vs 354 KRW for 2025 full year)
Major customer Samsung Electronics accounts for 55.4% of revenue; Vietnam subsidiary Hanoi Seowon Intech contributes significantly
Financial position stable: cash 70B KRW, debt ratio 16.2%
Credit rating BBB (eCredit, Sep 2025)
No share buyback/cancellation; 2025 year-end dividend 350 KRW per share
Subsidiary Koron (70%) recorded operating loss of 0.97B KRW, Hanoi Seowon Intech net profit 1.93B KRW