Sungho Electronic: Net Income Surges on Derivative Gains, Active M&A and Financing

Consolidated net income 319.5 billion won (vs. loss last year, vs. 90.9 billion won in FY2025), EPS 4,505 won (vs. 1,343 won)
Operating profit 3.2 billion won (vs. 1.6 billion won), revenue 66.0 billion won (vs. 59.3 billion won) - modest real growth
Most net income from non-cash derivative gain on call option of convertible bonds: 421.1 billion won (one-off)
Three M&A deals (ADS Tech 272.8 billion, D&S 41.1 billion, Uisung Sanitary 13.9 billion), goodwill increased by 219 billion won
Issued 18th CB 50 billion won, 19th BW 30 billion won, expanding financing capacity
Articles amended: authorized shares from 100M to 300M, CB limit from 100B to 2T, introduced interim dividend
Total assets 1,355.5 billion won (vs. 581.1 billion won), total liabilities 770.4 billion won (vs. 327.1 billion won) - increased leverage
Stock price surged (March high 59,600 won vs. Oct low 1,030 won)