Wonik Holdings: Q1 2026 Operating Loss Widens, No Shareholder Returns

Consolidated Q1 2026 revenue: 117.1B KRW; operating loss: 2.3B KRW (loss widened from 0.4B KRW in FY2025)
Net income: 4.8B KRW (parent net loss: 2.5B KRW); EPS: -33 KRW
Debt-to-equity ratio: 55.4% (up from 51.4% at FY2025-end)
R&D expenditure: 11.5B KRW (9.8% of revenue)
No dividends or share buybacks/cancellations
Gas segment accounts for 75.3% of revenue, operating profit 15.7B KRW
Semiconductor equipment segment: operating loss 3.6B KRW; new businesses: operating loss 13.2B KRW
Equity method gain from associates: 11.6B KRW
Contingent liabilities: one lawsuit (3.3B KRW), provision 0.3B KRW
Key subsidiary Wonik IPS: consolidated revenue 164.9B KRW (YoY +32.8%)
Wonik Materials: revenue 82.4B KRW, net profit 13.9B KRW