JUSUNG ENGINEERING (036930) Q1 2026 earnings summary

Executive summary

• Revenue for the first quarter was ₩54,579 million, a significant decrease from the previous year, reflecting reduced investments by major customers and increased R&D spending.

• Operating loss for the quarter was ₩31,258 million, and net loss attributable to owners was ₩1,190 million.

• The company continues to focus on semiconductor, solar cell, and display equipment, with ongoing investments in next-generation technologies and global market expansion.

Financial highlights

• Revenue: ₩54,579 million for Q1, down from ₩138,546 million in the prior year.

• Operating loss: ₩31,258 million; net loss: ₩1,190 million.

• Gross margin and EPS both declined year-over-year.

• Cash and cash equivalents at quarter-end: ₩139,942 million.

• R&D expenses for the quarter: ₩25,398 million.

Outlook and guidance

• The company plans to maintain investments in R&D and production capacity, focusing on advanced semiconductor and solar cell equipment.

• Management expects continued volatility in demand due to global economic and industry cycles but anticipates growth opportunities in AI, renewable energy, and OLED markets.