Powernet Q1 2026: Consolidated Revenue 106.6B KRW, Operating Profit 3.6B KRW, EPS 17 KRW

Q1 2026 consolidated revenue: 106.58B KRW, operating profit: 3.64B KRW, net income: 1.58B KRW (controlling interest: 0.42B KRW)
Separate revenue: 57.87B KRW, operating profit: 3.57B KRW, net income: 1.28B KRW
Consolidated debt ratio: 80.05% (up from 74.53% at end of 2025)
Credit ratings: Korea Data Rating A-, ECB BBB+, NICE BBB (slight improvement from previous year)
Consolidated EPS: 17 KRW, separate EPS: 51 KRW (low compared to full-year 2025 EPS of 652 KRW)
No dividends or share buybacks/cancellations
R&D expenses: 1.77B KRW (3.2% of revenue)
New business objectives added (electronics manufacturing, battery pack distribution)
High allowance for doubtful accounts ratio: 27.3% (consolidated)