UniTest Q1 2026: Operating Loss Narrows, Secures 29.16 Billion Won Order from SK Hynix
Consolidated Q1 2026: Revenue 22.4B won, operating loss 2.5B won (vs. prior Q1: 22.4B revenue, 2.5B loss) - Standalone: Revenue 15.7B won, operating loss 4.1B won - In May 2026, signed a 29.16B won contract with SK Hynix for semiconductor test equipment (delivery by Aug. 2026) - Sales to key customer (1) surged to 8.05B won (prior Q1: 0.17B won); Taiwan subsidiary sales 6.23B won - R&D spending 2.93B won (13.1% of revenue) - Borrowings increased from 38.7B to 46.2B won; cash decreased from 20.9B to 15.6B won - 5 pending lawsuits (2 as plaintiff, 3 as defendant); management deems no material impact - Holds 801K treasury shares (3.79%), no dividend