AUK Corp: Q1 Sales Slightly Down, Operating Profit Improves; Strong Financials and Dividend Maintained

AUK Corp's consolidated Q1 2026 sales: 34.47B KRW (down 2.8% YoY from 35.46B), operating profit 0.68B, net profit 4.13B, basic EPS 83 KRW.
Debt ratio extremely low at 8.52%; cash and short-term financial instruments total 91.84B KRW, indicating strong financial health.
Credit ratings maintained at BBB+/BBB0 (Ecredible/NICE D&B).
R&D spending of 1.25B KRW (3.62% of sales) continued; multiple new products commercialized.
2025 year-end dividend of 50 KRW per share (payout ratio 59.2%, dividend yield 2.77%) paid.
Treasury stock of 7.58 million shares (13.08%) held.
Subsidiary Wonkwang Electronics (Dalian) recorded a net loss of 0.28B KRW, but negligible impact on consolidated net income.