Hyundai Rotem Announces New Dividend Policy and Strong Q1 Results

New dividend policy: target payout ratio of 8% of consolidated net profit for FY2025-FY2027 dividends (replacing previous annual DPS increase of 10-50%)
Consolidated Q1 2026 revenue KRW 1.46 trillion, operating profit KRW 224.2 billion, net profit KRW 202.7 billion (YoY operating profit increase)
Credit rating upgraded to AA- (stable) in April 2026 by three agencies including KIS
Debt ratio improved to 188.32% (from 206.39% at end of 2025)
Order backlog of KRW 311.7 trillion; strong orders in defense and rail sectors
Litigation risk: two lawsuits for damages related to railway bid-rigging in first trial (total approx. KRW 139.8 billion)