Unick's Q1 2026 operating profit surges 55%... cash flow improves and dividend maintained

Consolidated Q1 2026 revenue KRW 112.1bn (+9.4% YoY), operating profit KRW 5.1bn (+54.7%), net income KRW 4.8bn (+115%).
Debt ratio 126.2% (up from 119.9% at year-end), borrowings KRW 80.4bn (slight decrease from KRW 81.2bn).
Cash and cash equivalents KRW 30.9bn (double from KRW 15.5bn), operating cash flow KRW 16.8bn (vs -KRW 3.4bn in prior year).
Cash dividend of KRW 60 per share (for FY2025) paid in April 2026; shareholder return maintained.
Expanded consolidation scope by establishing a new subsidiary in India (99.9% stake).
Inventories KRW 67.9bn, trade receivables KRW 44.2bn; allowance for bad debts ratio at 0.6%.
R&D expenses KRW 4.2bn (3.55% of revenue), stable vs prior year.