Doosan Bobcat 2026 Q1: Revenue and Profit Growth, Quarterly Dividend of KRW 400

Consolidated Q1 2026 revenue: KRW 2.25 trillion (USD 1,533.9M, +7.1% YoY)
Operating profit: KRW 207.0B (USD 141.3M, +3.5%), Net profit: KRW 131.4B (USD 89.7M, +15.9%)
EPS: KRW 1,377 (+17.0%), diluted EPS KRW 1,377
Quarterly dividend of KRW 400 per share declared (total KRW 38.3B, payable May 29, 2026)
Mid-term shareholder return policy: minimum annual dividend of KRW 1,600 and payout ratio of 40% (2025-2027)
Total assets: KRW 13.09 trillion, debt ratio: 73.0% (vs. 70.8% at year-end 2025)
Operating cash flow: KRW 258.4B (down from KRW 300.8B in Q1 2025)
R&D expenses: KRW 45.4B (3.0% of revenue), CAPEX: KRW 41.7B (tangible), KRW 17.5B (intangible)
FX risk: 10% change in exchange rates impacts pre-tax profit by approx. KRW 9.0B
Interest rate risk: 100bp rise results in annual loss of approx. KRW 8.4B

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