Kolon Corporation (002020) Q1 2026 earnings summary

Executive summary

• Consolidated Q1 2026 revenue reached KRW 1,518.8 billion, up 7.7% year-over-year, with operating income of KRW 98.8 billion, a 158% increase, but net loss of KRW 44.7 billion due to non-operating items and minority interests.

• The group completed major M&A activities, including the full acquisition of Kolon Mobility Group and the absorption of Kolon ENP by Kolon Industries.

• The company maintains a diversified portfolio across holding, construction, distribution, IT, bio, manufacturing, and other business segments.

Financial highlights

• Q1 2026 consolidated revenue: KRW 1,518.8 billion (+7.7% YoY); operating income: KRW 98.8 billion (+158% YoY); net loss: KRW 44.7 billion (continued from previous year).

• Gross profit margin improved to 13.2% from 9.8% YoY.

• Total assets: KRW 7,944.0 billion; total liabilities: KRW 5,332.2 billion; equity: KRW 2,611.8 billion.

• Basic EPS (common): KRW 892; preferred: KRW 904.

• Cash and cash equivalents at period end: KRW 478.6 billion.

Outlook and guidance

• Management expects continued revenue growth across core segments, with a focus on improving profitability and cost structure.

• Ongoing investments in R&D, new business lines, and M&A are expected to support long-term growth.