GnCenergy Q1 net profit 12.3B won, order backlog 396.7B won

Consolidated revenue 55.4B won (16%↓ YoY), operating profit 4.4B won (71%↓ YoY), net profit attributable to parent 12.3B won (5.6%↓ YoY)
Main generator segment revenue 40.6B won (73.3%), power sales 10.2B won (18.4%), order backlog approx. 396.7B won
Debt ratio 64.0%, net cash 88.8B won (cash equivalents 125.9B won, borrowings 37.1B won)
Allowance for doubtful accounts on trade receivables 18.5B won (32.4% ratio), increased from prior year
R&D expenditure 0.62B won (1.12% of revenue)
Issued exchangeable bonds of 14.7B won (partially converted), 280,867 treasury shares deposited
Pending lawsuit for employee invention compensation (0.64B won)
Paid cash dividend of 150 won per share for FY2025 (total 2.43B won)

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