YUNSUNG F&C 2026 Q1: Net Profit Turnaround Despite Operating Loss, Order Backlog of KRW 209.7B
[Key Performance] Consolidated Q1 2026: Revenue of KRW 21.9B, operating loss of KRW 1.48B, net profit of KRW 976M (EPS 122 won). Net profit turned positive compared to full-year 2025 net loss of KRW 19.2B.
[Order Backlog] Order backlog at quarter-end of KRW 209.7B, with major contracts ongoing with key clients including SK On and Geumyang.
[Shareholder Returns] 4 consecutive years of dividends (2022-2025); dividends payable of KRW 638M recognized at quarter-end.
[Credit Rating] KED BBB+ (as of Dec 31, 2025), downgraded from A- in prior period.
[Financial Health] Convertible bonds of KRW 40B issued, derivative liabilities of KRW 16.3B; all borrowings fully repaid; cash and equivalents of KRW 32.8B.
[Litigation]Two lawsuits filed for damages against Busan New Port Co. and Geumyang Co. (total KRW 9.23B); outcomes uncertain.