Satrec Initiative Swings to Operating Loss in Q1 2026; Order Backlog Stays at 569 Billion Won

Consolidated revenue of 37.19 billion won, down 7.1% YoY from 40.04 billion won
Consolidated operating loss of 2.00 billion won, net loss of 2.00 billion won (vs. net profit of 1.27 billion won in prior year period)
Order backlog of 569 billion won; debt-to-equity ratio improved to 58.1% from 73.4% at year-end 2025
2025 fiscal year cash dividend of 100 won per share (total 1.095 billion won), decreased from 190 won per share in prior year
Subsidiary SIA (AI analytics) continues to incur losses with negative equity
Largest shareholder Hanwha Aerospace holds 33.63%; credit rating A+ maintained

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