Daesung Industrial Swings to Profit in Q1 2026, Resumes Dividend
Consolidated Q1 2026: Revenue 412.6 billion won, operating profit 21.8 billion won, net profit 12.7 billion won (swing from FY2025 net loss of 61.7 billion won).
Separate Q1 2026: Revenue 225.3 billion won, operating profit 4.2 billion won, net profit 2.5 billion won (swing from FY2025 net loss of 74.8 billion won).
Consolidated EPS of 287 won vs -1,626 won in FY2025.
Credit rating maintained at BB+ (stable) for both corporate and bond.
16th fiscal year (2025) dividend: cash 500 won per share + 0.033 stock shares per share (treasury stock), marking return of shareholder value.
Completed reverse stock split (par value 5,000→1,000 won) to secure distributable profits.
Pursuing new business diversification: specialty gases, CO2, EV chargers, robotics, hydrogen fuel cells. Most are early stage with investment risks.