Samsung Climate Control Q1 2026: Operating profit up 22% YoY, debt ratio 14%, all treasury shares eliminated

Consolidated Q1 2026 revenue: 266.7B KRW (down 9.4% YoY), operating profit 16.0B KRW (up 22.1% YoY), net profit 30.1B KRW (up 274% YoY)
Debt ratio 14.03% (FY2025: 13.30%), total assets 339.3B KRW, cash & equivalents 7.0B KRW, short-term financial instruments 188.1B KRW
All 265,548 treasury shares disposed of (cancelled) → outstanding shares 8,126,314, EPS 346 won (vs 111 won in Q1 2025)
FY2025 dividend: 80 won per share (total 0.65B KRW), consecutive dividends since 2008
Despite lower sales in key products (radiator, oil cooler, HVAC), operating profit improved due to cost reduction and expense control
R&D expenses 0.38B KRW (1.82% of revenue), 13 patents held
Contingent liabilities limited: guarantees for affiliates 6.6B KRW, collateral provided 1.26B KRW