Kolon Industries (120110) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ₩1.2374 trillion, up 0.5% year-over-year and 2.9% quarter-over-quarter, driven by expanded sales in aramid and ENP, and the end of regular maintenance in chemicals.

• Operating profit surged to ₩61.9 billion, up 130.1% year-over-year and 531.6% quarter-over-quarter, with strong chemical performance, fashion segment turnaround, and removal of one-off costs.

• Net income was ₩79.7 billion, a 302.6% increase year-over-year, reflecting improved profitability across core segments.

Financial highlights

• Sales: ₩1.2374 trillion (YoY +0.5%, QoQ +2.9%).

• Operating profit: ₩61.9 billion (YoY +130.1%, QoQ +531.6%).

• Net income: ₩79.7 billion (YoY +302.6%).

• Gross margin: 11%, operating margin: 5%, EBITDA margin: 8%.

Outlook and guidance

• Profitability outlook for industrial materials depends on the ability to pass on raw material cost increases due to geopolitical risks.

• Chemical segment focusing on stable raw material procurement amid Strait of Hormuz disruptions.

• Fashion segment expects continued growth from new product sales and overseas expansion.