Seoyon posts strong Q1 2026 results: consolidated sales 1.28T won, net profit 53.1B won; declares 250 won dividend (25% increase)

Q1 2026 consolidated sales 1.28T won (vs 1.17T won YoY, +10.1%), operating profit 52.5B won, net profit 53.2B won (vs 25.3B won, +110%), EPS 1,378 won (+121%)
At 54th AGM, approved cash dividend of 250 won per common share (up 25% from 200 won last year), marking 37th consecutive year of dividends since 1989 listing
Total assets 3.98T won, debt ratio 56.7%, equity 1.72T won
Strong performance driven by auto parts manufacturing subsidiary Seoyon E-Hwa (48.7% controlled)
New subsidiary (SEOYON E-HWA INDIANA, INC.) added; Singapore entity liquidated
R&D expense 13.5B won (2.9% of sales)
Contingent liabilities: ongoing lawsuits in Brazil, but management deems immaterial

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