Partron Reports Q1 2026 Results and Completes Share Buyback/Cancellation

Completed share cancellation: 5,521,217 common shares cancelled on April 21, 2026, reducing total shares from 55M to 50M
Dividend policy: Target cash dividend of 3% of market price for 2024-2028; 2025 final dividend payout ratio over 40% (min 300 won per share)
Q1 2026 consolidated results: Sales ₩451.0B, operating profit ₩12.2B, net profit ₩10.0B (EPS ₩203)
Revenue by segment: Opto-mechanical 71.3%, Sensor & Package 21.4%, Electronics 7.3%
Key customers: Samsung Electronics 71%, Hyundai Mobis 12% - high concentration
New businesses: Automotive cameras, healthcare sensors, ESL, blood glucose monitors, 5G/6G communication modules
R&D expenditure: ₩12.1B (2.68% of sales), 166 patents held
Financial position: Total assets ₩841.2B, liabilities ₩276.8B, equity ₩564.4B (debt ratio 49%)
Auditor change: From Samjong to Samduk (2026-2028)
No contingent liabilities or litigations