DongBang Medical Q1 2026: Consolidated sales KRW 31.4B, operating profit KRW 6.1B, up 14% and 42% YoY


  • Consolidated revenue KRW 31.4B (+14% YoY), operating profit KRW 6.1B (+42% YoY), net income KRW 5.3B (separate: KRW 5.8B, +126% YoY)
  • Aesthetic medical device segment accounted for 66% of total sales (filler 30%, needles 31%), traditional Korean medicine segment 34%
  • Very low net debt-to-equity ratio of 0.53%, cash and cash equivalents KRW 262B
  • Credit rating: BB0 (downgraded from BBB- in 2024 by NICE), classified as SME and venture company
  • Ongoing patent infringement litigation (Seoul Central District Court, appeal after losing first instance, claim amount KRW 100M; company expects limited impact) and provision of KRW 880M for another lawsuit
  • R&D expenses KRW 3.5B (1.1% of sales), 50 patents and 23 overseas patents held

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: DongBang Medical (240550)
  • Submission: DongBang Medical Co., Ltd.
  • Receipt: 05-15-2026