HRS

HRS Q1 2026 Revenue Up but Net Profit Down; Dividend Paid and Lawsuit Risk Persists


  • Q1 2026 consolidated revenue KRW 20.9bn (up 10.8% YoY), operating profit KRW 3.1bn (slight decline from estimated KRW 3.15bn), net profit KRW 3.0bn (down from estimated KRW 3.22bn), EPS KRW 184 (vs KRW 201).
  • All 373,035 treasury shares (KRW 1.0bn) disposed, increasing outstanding shares to 16,298,845.
  • FY2025 dividend of KRW 4.8bn (KRW 300 per share) paid in April 2026.
  • Acquisition of Seotan industrial complex site completed for KRW 29.5bn (Feb 2026).
  • Lawsuit with Yuchang regarding business rights transfer (partial loss in appeal) pending at Supreme Court; separate claim for unjust enrichment of KRW 2.0bn. If valid, 45% of development profit payable to Yuchang.

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: HRS (036640)
  • Submission: HRS Co., Ltd
  • Receipt: 05-13-2026