Hantech Q1 2026: Sales +39%, OP 7.6B, Credit upgrade to BBB/BBB+, Net cash 43.6B

Consolidated Q1 2026 revenue: 47.0B KRW (vs 33.7B YoY, +39%), OP 7.6B, Net profit 8.0B
Credit rating upgraded: NICE디앤비 to BBB (from BBB-), 한국평가데이터 to BBB+ (from BB+)\- Short-term borrowings cut to 2.0B (from 13.6B), net cash 43.6B (equity 166.4B)\- Dividend payable 4.17B (approx 375 won per share)\- Order backlog 181.6B (energy 153.2B, tank 13.3B)\- Subsidiary Hans capital deficit (85M) but immaterial
New business: nuclear decommissioning, hydrogen/ammonia, SMR

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