TigerElec Q1 2026 Sales Up 57%, Operating Profit KRW 3.5B, Credit Rating Recovers to BBB-

Q1 2026 sales KRW 26.8B (up 57.7% YoY), operating profit KRW 3.5B, net profit KRW 2.8B
EPS KRW 450 (up 257% from KRW 126 in Q1 2025)
Credit rating recovered to BBB- (from BB+ in 2025, by iCreable)
Debt ratio 54%, cash and cash equivalents KRW 7.6B, stable financial structure
61.5% of sales concentrated on top 3 customers, 27.6% sales to parent company TSE
No share buyback, cancellation or dividend planned
Convertible bond issuance decision announced on May 12 after report submission