Histeel Swings to Operating Profit in Q1 2026, Improves Profitability Despite Revenue Decline

Consolidated Q1 2026 revenue KRW 54.9bn (-22.1% YoY), but operating profit turned to KRW 1.77bn (+319.5% YoY)
Net profit KRW 2.22bn (vs KRW 0.59bn YoY), EPS KRW 110 (vs KRW 29)
Cash & cash equivalents KRW 35.9bn (up 98% from year-end), debt ratio 87.8% (up from 81.8%)
Pending US anti-dumping lawsuit (appeal against 10.24% duty), outcome uncertain
Standalone operating profit KRW 0.41bn, net profit KRW 1.12bn, EPS KRW 55

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