Kumho Tire: Strong Q1 2026 Results, Improved Financial Structure

Q1 2026 consolidated sales: ₩1.1678 trillion, operating profit: ₩147 billion (margin 12.6%), net profit: ₩103.4 billion
Total assets: ₩6.0154 trillion, total equity: ₩2.4702 trillion, both increased from year-end 2025
Retained earnings turned positive to ₩219.9 billion, improving financial health
Tire production utilization at 100.3%, near full capacity
R&D spending 3.66% of sales; new product development ongoing
Contingent liabilities from lawsuits: domestic ₩51.9 billion, overseas ₩9.1 billion; partial provisions recognized (including ordinary wage lawsuits)
Related party transactions and guarantees with Doublestar Group continue (approx. ₩357.3 billion)
No disclosure of share buyback, cancellation, or dividends in this quarterly report