BMT Q1 2026 Mixed Results: Operating Profit Down, Net Profit Slightly Up

Separate basis: Revenue 35.6B KRW (down 2.8% YoY), Operating profit 2.6B (down 15.8%), Net profit 4.4B (down 32.4%)
Consolidated basis: Revenue 35.6B (down 2.8%), Operating profit 1.8B (down 36.2%), Net profit 3.7B (up 1.7%)
All subsidiaries posted net losses in Q1: Powercool, Hyrion, BMT Saudi
Total borrowings: 95.5B KRW (short-term 88.8B, long-term 6.7B)
Unpaid dividends: 6.0B KRW (declared but unpaid)
Major litigation: goods payment claim lawsuit worth 0.33B (defendant), outcome uncertain
Changed to mid-sized company status as of April 1, 2026

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