HD Hyundai Electric: Strong Q1 2026 Earnings and Quarterly Dividend

Consolidated Q1 2026 revenue KRW 1.04 trillion, operating profit KRW 258.3 billion (margin 24.9%), net profit KRW 207.7 billion – strong profitability.
Order backlog of KRW 11.4 trillion as of March 31, 2026; ongoing capex of KRW 674.7 billion for capacity expansion in Korea and USA.
Declared quarterly dividend of KRW 1,300 per share (total KRW 46.8 billion). Debt ratio 158.3% but net debt negative, financial structure healthy.
Ongoing litigation related to 170kV GIS (FTC fine, KEPCO lawsuit) but no material impact expected currently.