SFA Reports Q1 2026 Profit Turnaround, Credit Rating Upgrade, Order Backlog of KRW 965.4B
**Improved Operating Results**: Consolidated operating profit of KRW 15.5 billion in Q1 2026 (swing to profit YoY), net profit of KRW 20.4 billion (attributable to parent: KRW 18.7 billion)
**Credit Rating Upgrade**: Upgraded to AA- by iCreable in April 2026 (from A+ in 2025)
**Large Order Backlog**: Parent company order backlog of KRW 965.4 billion (approx. 5 quarters of revenue)
**Treasury Shares**: Holding 22.31% (8,009,848 shares) for shareholder value, no current cancellation plan
**Dividend Resumed**: Resumed year-end dividend for FY2025; Q1 2026 dividend not disclosed
**Strong Cash Position**: Cash and cash equivalents of KRW 386.8 billion (vs. KRW 295.9 billion at year-end), debt-to-equity ratio 49.5%
**Risk**: Semiconductor packaging segment still loss-making (operating loss of KRW 6.2 billion), minor litigation (KRW 2.5 million, immaterial)