KODACO Returns to Profit in First Quarter After Rehabilitation Plan Approval, Continues Financial Restructuring
Rehabilitation plan approved in May 2024; Q1 2026 consolidated operating profit of 641M won, net profit of 1.03B won, turning to profit from loss a year ago
Separate basis: operating profit 542M won, net profit 865M won
Debt ratio 4,162% (consolidated), indicating still high financial risk
Stock trading remains suspended (delisting review due to audit opinion denial)
R&D expenses 108M won (0.18% of revenue), ongoing development of EV parts
Rehabilitation debt balance approx. 152B won, to be repaid in installments through 2033