Yura Tech Q1 2026 Operating Loss of 18.0 Billion KRW, Dividend Cut

Consolidated revenue of 48.8 billion KRW (down 2.4% QoQ), operating loss of 1.8 billion KRW (swing from profit of 1.8 billion in prior quarter)
Net profit of 0.48 billion KRW, EPS of 42 KRW (sharp decline from annual EPS of 964 KRW in FY2025)
FY2025 cash dividend of 200 KRW per share approved (down 33% from 300 KRW prior year)
No share buyback or cancellation planned
Debt ratio of 21% (vs 20% at year-end), solid financial structure; cash and equivalents of 29.8 billion KRW
R&D expenses of 1.43 billion KRW (2.94% of sales); continued new product development
High customer concentration: top 5 customers account for 81% of sales
Sensitivity: a 10% change in forex rates impacts pre-tax profit by ~1.1 billion KRW