TPC Robotics (formerly TPC Mechatronics) enters AI robot business, turns to operating profit in separate statements

Company renamed from TPC Mechatronics to TPC Robotics in March 2026, adding robot and robot parts manufacturing to its business objectives
Entered humanoid robot parts market via MOU with Seojin System for AI robot foundry and strategic partnerships with China's HCFA and HCBOT
Consolidated Q1 2026 revenue of 23.9B KRW (up 19.4% YoY), operating loss narrowed to 7M KRW from -16.3B KRW in prior-year period
Separate Q1 2026 revenue of 20.9B KRW, operating profit of 0.37B KRW (vs -11.6B KRW loss), net profit of 0.07B KRW (vs -12.9B KRW loss)
Consolidated total liabilities increased to 77.2B KRW (from 69.3B at year-end 2025), borrowings 38.5B KRW (from 35.9B) – higher leverage
Differential dividend of 10 KRW per share paid to minority shareholders only in prior year (total 0.8B KRW); no share buyback or cancellation planned
Consolidated return on equity improved to -0.02% from -6.32% in prior year; basic EPS of -18 KRW (vs -163 KRW in prior year)