SL Corp: Q1 2026 Consolidated Sales KRW 1.39T, Operating Profit KRW 143.8B, Credit Rating AA- Maintained
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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).
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Credit rating AA- (Ecredible) maintained, same grade for 5 consecutive years.
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Debt ratio 23.2% (up from 17.3% at year-end 2025), still low.
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R&D expenses: KRW 60,159 million (8.15% of sales), expanding new technologies and robotics business.
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Major customers: Hyundai Mobis (18.25%), GM (16.89%), Kia (15.83%), Hyundai Motor (14.92%).
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Derivative valuation loss of KRW 620,911 million incurred for FX hedging purposes.
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Signed a lamp technology collaboration agreement with Japan's STANLEY in 2025.
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No share buyback or cancellation plans.
KOSPI Filing Information
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Filing: Quarterly Report (2026.03)
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Company: SL (005850)
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Submission: SL Corporation
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Receipt: 05-15-2026