Sung Kwang Bend: Stable Financials Despite Q1 Sales Dip, Dividend & Buyback Plan


  • Q1 2026 consolidated revenue KRW 59.1bn (-7.2% YoY), operating profit KRW 6.6bn, net profit KRW 8.4bn (EPS KRW 317)
  • Debt ratio 8.1%, ultra-low leverage; cash and equivalents KRW 63.7bn, ample liquidity
  • Declared cash dividend of KRW 200/share for FY2025 (total KRW 5.3bn); announced 2026-2028 shareholder return target of 30%+ including share buybacks and cancellation
  • Domestic pipe fitting market share 56.4% (No.1); expected to benefit from LNG and nuclear power plant projects
  • No material risks other than minor fines; stable management

KOSDAQ Filing Information


  • Quarterly Report (2026.03)
  • Company: SUNG KWANG BEND (014620)
  • Submission: SUNG KWANG BEND CO., LTD.

  • Shares: 26,557,364
  • Price: 34,550 KRW
  • Market Cap: 917.6 B KRW