★★

KCC

KCC Q1 2026: Net profit surges, share buyback and dividend expansion


  • Q1 2026 consolidated revenue 1,626.4 billion KRW (+1.7% YoY), operating profit 88.1 billion KRW (-14.8%), net profit 217.0 billion KRW (+393%)
  • Silicone segment operating profit plummeted to 2.6 billion KRW (from 20.6 billion KRW a year ago); building materials and paints performed well
  • Share cancellation plan: up to 1.174 million shares (13.2% of outstanding) to be canceled in installments by Sep 2027; first tranche of 293,575 shares canceled on Apr 29
  • Dividend policy: minimum 6,000 KRW plus additional dividend (10% of separate operating profit); 68th term paid 15,000 KRW per share (250% of minimum)
  • PTC (polysilicon) bankruptcy proceedings ongoing; financial guarantee liabilities of 237.3 billion KRW recognized
  • Sejong plant operations suspended (impacted by low-priced Chinese glass fiber)
  • Credit ratings: domestic AA- (stable), S&P BB+ (stable)
  • Debt ratio 117.58%, current ratio 102.77%

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: KCC (002380)
  • Submission: KCC Corporation
  • Receipt: 05-15-2026