Samyoung Electronics: Q1 2026 Operating Profit Up, Solid Financial Position

Consolidated Q1 2026 revenue KRW 39.19B (down 2.9% YoY), operating profit KRW 2.14B (up 5.8% YoY), net profit KRW 3.49B
Total assets KRW 581.1B, liabilities KRW 35.0B, equity KRW 546.1B, net cash of KRW 166.7B
Credit ratings maintained: AA- (Korea Data) and A+ (Nice D&B)
Dividend paid KRW 5.7B (KRW 300 per share), share buyback proposal rejected at AGM
Two lawsuits pending (KRW 773M), provision of KRW 1.12B for one, other uncertain
New investment in perpetual bond KRW 5.84B (FVTPL), equity method gains increased
Top 3 customers account for 37% of revenue, ongoing transactions with Nippon Chemi-Con