Q1 2026: Stable Revenue, Profit Down; Strong Backlog and Share Buyback


  • Completed cancellation of 880,000 treasury shares in Sep 2025 (outstanding shares from 25M to 24.12M)
  • Issued 45bn won exchangeable bonds in Sep 2025 (exchange price 3,979 won, underlying 1,130,937 treasury shares)
  • Consolidated Q1 2026: Revenue 90.7bn won (YoY -5%), Operating profit 1.0bn won (YoY -79%), Net income 2.4bn won (YoY -58%)
  • Debt ratio 50.08%, Net cash (borrowings 4.5bn won, cash equivalents 58.2bn won)
  • Order backlog at period-end 866.4bn won (slight decrease from 896.1bn at prior period-end)
  • Credit ratings maintained at BBB+/A-
  • Two ongoing lawsuits (claims of 400mn won and 40mn won) in first trial
  • 2025 dividend of 200 won per share (total 4.55bn won) paid

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Samho Development (010960)
  • Submission: Samho Development Co.
  • Receipt: 05-15-2026