SK Discovery (006120) Q1 2026 earnings summary

Executive summary

• Consolidated Q1 2026 revenue reached KRW 3.29 trillion, with operating income of KRW 189.8 billion and net income attributable to owners of the parent at KRW 168.3 billion.

• The group operates through diverse segments: Green Chemicals, Life Science, Gas, Blood Products, Real Estate, and Energy, with the Gas business contributing the largest share of sales.

• Major strategic moves included the acquisition of SK Advanced (PDH business) and planned divestitures of SK D&D and SK Eternix to optimize the portfolio.

Financial highlights

• Q1 2026 revenue: KRW 3.29 trillion, up from KRW 2.41 trillion in Q1 2025.

• Operating income: KRW 189.8 billion; net income: KRW 212.3 billion; net income to owners: KRW 168.3 billion.

• Basic EPS: KRW 9,206 (common), up from KRW 2,610 in Q1 2025.

• Total assets: KRW 17.8 trillion; total equity: KRW 7.04 trillion.

• Cash and cash equivalents: KRW 1.47 trillion at period end.

Outlook and guidance

• The group is executing a portfolio rebalancing strategy, including the sale of SK D&D and SK Eternix, to secure liquidity and focus on core growth areas.

• Ongoing investments in green chemicals, bio, and energy transition are expected to drive future growth.