Hansol Logistics: Weak Q1 2026 Earnings and Higher Debt Ratio, Maintains Interim Dividend and Shareholder Return Policy


  • Consolidated Q1 2026 revenue KRW 164.9B (down 5.3% YoY from KRW 174.1B), operating profit KRW 4.5B (down from KRW 4.9B), net profit KRW 3.6B (down 16% from KRW 4.3B)
  • Debt ratio 99.7% (up from 82.0% at year-end 2025), total borrowings KRW 134.9B (up from KRW 65.1B)
  • Interim dividend of KRW 60/share declared on May 6, 2026; 2026-2028 shareholder return policy: 10%-40% of free cash flow (FCF)
  • Establishing LOGISMILE USA, INC. in the US
  • Maintained relationship with key customer Hansol Paper, accounting for 29% of consolidated revenue
  • Two pending lawsuits in China and India (total KRW 550M) with no material impact on financial statements

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Hansol Logistics (009180)
  • Submission: Hansol Logistics CO., Ltd
  • Receipt: 05-14-2026