★★★

SL

SL Corp: Q1 2026 Consolidated Sales KRW 1.39T, Operating Profit KRW 143.8B, Credit Rating AA- Maintained


  • Q1 2026 consolidated sales: KRW 1,388,037 million (up 12.5% QoQ), operating profit: KRW 143,817 million, net profit: KRW 135,847 million (controlling interest: KRW 132,239 million).
  • Credit rating AA- (Ecredible) maintained, same grade for 5 consecutive years.
  • Debt ratio 23.2% (up from 17.3% at year-end 2025), still low.
  • R&D expenses: KRW 60,159 million (8.15% of sales), expanding new technologies and robotics business.
  • Major customers: Hyundai Mobis (18.25%), GM (16.89%), Kia (15.83%), Hyundai Motor (14.92%).
  • Derivative valuation loss of KRW 620,911 million incurred for FX hedging purposes.
  • Signed a lamp technology collaboration agreement with Japan's STANLEY in 2025.
  • No share buyback or cancellation plans.

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: SL (005850)
  • Submission: SL Corporation
  • Receipt: 05-15-2026