Namhwa Construction Q1 2026 Consolidated Net Income 800M KRW… Debt Ratio Maintained at 11.9%


  • Q1 2026 consolidated revenue 17.6B KRW, operating profit 0.39B, net income 0.80B (EPS 70 won vs 7 won in Q1 2025, a sharp increase)
  • Debt ratio 11.93%, improved from 12.77% at end-2025; total equity 177B KRW
  • Dividend: 100 won per share cash dividend (total 1.17B KRW)
  • Order backlog 93.4B KRW; major projects ongoing (Honam High-Speed Rail, US military base work)
  • PF contingent liabilities: completion guarantee 81B, interim loan guarantee 6.2B; past subrogation of 59.2B with 24.3B allowance for doubtful accounts
  • Litigation: 7 cases as defendant (3.8B), 2 cases as plaintiff (3.0B) pending

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Nam Hwa Construction (091590)
  • Submission: Nam Hwa Construction Company, Limited
  • Receipt: 05-15-2026