KC Feed Q1 2026: Revenue Growth, Debt Ratio Surges to 46%

KC Feed reported Q1 2026 consolidated revenue of 27.7 billion won (+7.8% YoY), operating profit of 1.63 billion won
Standalone operating profit 1.74 billion won, net profit 2.06 billion won (slight decrease from 2.31 billion won in Q1 2025)
Debt ratio soared to 46.02% from 23.84% at year-end 2025; short-term borrowings (Usance) tripled to 17.57 billion won (from 6.69 billion)
Derivative financial assets of 1.29 billion won (currency forwards), valuation gain of 0.9 billion won recognized
Final dividend of 165 won/share (total 2.6 billion won) for FY2025 paid on April 15, 2026
Treasury shares held: 930,722 shares (5.57%); no further buyback or cancellation plans
Subsidiaries KC Farm (84.7%) and KC Daebu Finance (100%) unchanged
Avian influenza impacts egg production; raw egg supply remains unstable