Autech Posts Consolidated Operating Loss of KRW 4.2B in Q1 2026, Swings to Red and Debt Ratio Surges

Consolidated Q1 2026 revenue KRW 163.0B (vs KRW 177.0B in prior year), operating loss KRW 4.2B (vs profit KRW 0.2B), net loss KRW 11.7B (vs loss KRW 1.3B) → swung to loss with widened deficit
Debt ratio 330.13% (FY-end 2025: 262.31%), deteriorating financial health
Separate revenue KRW 18.0B, operating loss KRW 1.3B, net loss KRW 9.9B
Issued 13th unsecured bonds with warrants (KRW 15.5B, coupon 4%, exercise price KRW 1,881) to raise funds
Holds 1,185,916 treasury shares, plans to dispose all within one year from 2026 AGM
11 ongoing lawsuits (mainly via Autech Carrier), including US$1.15M and KRW 1.03B claims
No dividend (no distribution for last 3 years)
Secured major orders: 88 ambulances (approx. KRW 8.5B), 101 ST1 refrigerated trucks (approx. KRW 6.5B)

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