Fine Technix Reports Q1 2026 Operating Loss of KRW 1.15 Billion, Sales Down 21% - Continuing Losses
- Consolidated Q1 2026 sales KRW 8.98B (down 21.2% YoY), operating loss KRW 1.15B (similar to prior year), net loss KRW 2.02B
- Separate sales KRW 8.94B (down 18.3% YoY), operating loss KRW 1.42B, net loss KRW 1.82B
- Total borrowings KRW 34.51B, cash KRW 4.03B, net debt KRW 30.48B, debt ratio 167.3%
- Net loss attributable to parent KRW 2.19B, EPS loss KRW 98
- One pending lawsuit (KRW 81.4M)
- April 2026: Major shareholder change agreement (Orbitech to Seongjin Holdings)
- Tax penalty KRW 755M from audit, 50% paid in January 2026
- R&D spending KRW 322M (3.59% of sales), developing sleep care lighting etc.
- No dividend, no share buyback/cancellation plans
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KOSDAQ Filing Information
- Filing: Quarterly Report (2026.03)
- Company: Fine Technix (106240)
- Submission: Fine Technix Co., Ltd.
- Receipt: 05-15-2026