Hankook Shell Oil Q1 2026: Operating Profit Up 10%, Dividend 34,000 Won Per Share

Revenue KRW 91.3bn (+1% YoY), operating profit KRW 16.0bn (+10%), net profit KRW 14.0bn (+14%)
Final dividend of KRW 34,000 per share (vs 25,000 last year), payout ratio ~91.7% (total KRW 44.2bn)
Debt ratio jumped to 101% (from 43%) due to dividend payable; actual financial structure healthy
Credit rating AAA maintained; no debt
Risk from damage to Pearl GTL facility in Qatar; impact currently limited
Litigation with HD Hyundai Oilbank settled; provision for restoration KRW 7.2bn
Operating cash flow KRW 10.9bn; cash & equivalents KRW 85.0bn