KEC Reports Q1 Operating Loss of KRW 4.8B; Implements 5:1 Stock Consolidation
-
Consolidated Q1 2026 revenue KRW 64.3B (slight YoY increase), operating loss KRW 4.8B, net loss KRW 5.1B (continued losses)
-
Approved 5:1 reverse stock split (Shareholders' meeting on Mar 27, 2026); new shares listing expected May 20, 2026
-
Focus on R&D in next-gen power semiconductors (SiC MOSFET, IGBT, etc.)
-
Provisions for lawsuits: KRW 0.7B (ongoing labor disputes)
-
No dividend declared (limited shareholder returns due to losses)
KOSPI Filing Information
-
Filing: Quarterly Report (2026.03)
-
Company: KEC (092220)
-
Submission: KEC CORPORATION
-
Receipt: 05-14-2026