Kolon Global Reports Q1 2026 Operating Profit of KRW 22bn, Turnaround; Order Backlog at KRW 11.5tn

Consolidated Q1 2026 sales KRW 631.2bn, operating profit KRW 22.0bn (significant improvement from full-year 2025 operating profit of KRW 3.7bn), net profit attributable to parent KRW 11.5bn (turnaround from loss)
Standalone operating profit KRW 22.3bn, net profit KRW 11.7bn
Construction order backlog KRW 11.5tn, continued new orders
PF guarantee balance KRW 987bn (consolidated), completion guarantee commitments KRW 1.4tn
26 ongoing lawsuits (21 as defendant, total claim amount KRW 114.2bn), mostly defect claims
Short-term credit rating maintained at A3+
Completed absorption merger of Kolon LSI and Mody in Dec 2025
Asset disposals in 2025 (Seocho Sports Rex KRW 430.1bn, Gwangju Docheok KRW 136bn) improved liquidity