G2Power's Q1 2026 Revenue Surges 92% YoY, Operating Profit Turns to Black... Dividend and New Business Expansion

Q1 2026 consolidated revenue 19.18 billion won (up 92% YoY from 9.97 billion), operating profit 2.27 billion won (vs loss in Q1 2025), net profit 1.89 billion won (vs loss)
Order backlog 106.9 billion won, maintains #1 market share in public switchgear procurement (4.88%)
Credit rating upgraded to A- (NICE), BBB (ecredible) maintained
Declared dividend for fiscal 2025 of 1.87 billion won (approx. 100 won per share)
Expanding into new businesses (AI data center, microgrid) and building new factory (Yongin, land purchase 10.2 billion won)
Ongoing lawsuit over bidding restriction but with stay of execution, limited impact on operations

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