Samsung E&A Q1 2026: Revenue and Operating Profit Up, Order Backlog at 17.4t KRW

Consolidated revenue: 2.27t KRW (+8.1% YoY), operating profit: 188.2b KRW (+19.6% YoY), net income: 163.3b KRW
Balanced growth across segments: Chemical (49.8%), Advanced Industry (25.3%), New Energy (24.9%)
Order backlog: 17.4t KRW (domestic 3.7t, overseas 13.7t); new orders: UAE Taziz methanol, Malaysia SAF, etc.
Debt ratio: 126.5% (consolidated), 134.7% (separate) – slight increase
Major customers: Saudi Aramco (35%), ADNOC (27%), Samsung Electronics (10%)
Derivative valuation losses widened (currency forwards loss 17.4b KRW) → FX risk
219 lawsuits (defendant) with claim amount 104.1b KRW; 6 arbitrations (68.2b KRW) → contingent liability risk
R&D: 34b KRW (3.0% of revenue), investments in water electrolysis, CCUS, etc.\- US tariff policy uncertainty (ongoing legal disputes)
No separate disclosure on shareholder returns