THN 2026 Q1 consolidated sales KRW 276.3B, operating profit 17.5B – strong performance

Q1 2026 consolidated sales KRW 276.2B, operating profit 17.5B, net income attributable to parent 16.4B, EPS 914 won
Low net debt ratio of 7.79%, total borrowings 80B, cash 59.1B
Major shareholder change: Passing of honorary chairman Chul Chae, his 20.5% stake inherited by CEO Seunghoon Chae, increasing his stake to 16.1%
Completed acquisition of JS&N's wiring business (related party) in 2025, enhancing competitiveness through business integration
Disposal gain/loss from associate Seosang Electronics' capital reduction
Ongoing lawsuits: Brazilian subsidiary customs tax case, China subsidiary liquidation case (defendant), some liabilities recognized
Total assets 644.1B, liabilities 396.1B, equity 248.0B (excluding non-controlling interests); stable financial structure