Hyundai Elevator Q1 2026 Results and Enhanced Shareholder Returns
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Maintains stable market dominance as top elevator company in Korea (13 consecutive years #1 brand, 11 consecutive years #1 maintenance).
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Q1 2026 consolidated sales KRW 545.8B, operating profit KRW 40.5B, net profit attributable to parent KRW 28.0B (EPS KRW 774).
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Declared quarterly dividend of KRW 1,000 per share (total KRW 36.1B), continuing shareholder return policy of 50%+ of normalized net income.
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Corporate bond rating A0 (NICE)/A+ (Korea Ratings), debt-to-equity ratio at 259% (consolidated) – relatively high.
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Wage lawsuit pending (1,460 plaintiffs, claim KRW 6.99B) – uncertainty on outcome.
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Continued investments in future growth: AI/IoT smart elevators, UAM vertiports (H-PORT), modular construction method.
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Expansion of consolidated subsidiaries: added 4 new entities including Seungmyung Industrial (paper packaging).
KOSPI Filing Information
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Filing: Quarterly Report (2026.03)
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Company: HYUNDAI ELEVATOR (017800)
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Submission: HYUNDAI ELEVATOR CO.,LTD
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Receipt: 05-15-2026