C&G HITECH Q1 2026 Performance Plunges, Operating Loss

Consolidated Q1 2026 sales plummeted 78.9% YoY to 17.1 billion won (from 80.9 billion)
Operating loss of 2.17 billion won (vs profit in Q1 2025; full-year 2025 operating profit 24.7 billion)
Net income fell 78.4% YoY to 956 million won (from 4.43 billion)
Standalone operating loss of 2.13 billion, net income of 1.01 billion (down 76.8% from 4.37 billion)
Full-year 2025 strong: consolidated sales 196.2 billion, operating profit 24.7 billion, net income 19.5 billion
FY2025 cash dividend of 550 won per share (total 5.7 billion) paid in April 2026
Signed 38.15 billion won semiconductor equipment supply contract with Samsung Electronics in April 2026 (19.44% of 2025 sales)
Partial exercise of exchangeable bonds (2.7 billion of 4.46 billion) at 14,780 won per share (182,677 shares)
New factory under construction (WIP 31.7 billion), R&D expenses up to 858 million (from 664 million)
High customer concentration (top 3 account for 63% of Q1 sales), credit ratings A+ to A-