Eco&Dream Q1 Revenue Plunges, Swings to Operating Loss
Consolidated Q1 2026 revenue fell 46% YoY to 16.2B won; operating loss of 0.76B won (vs 0.39B profit) and controlling interest net loss of 0.12B won (vs 0.53B profit).
Secondary battery materials revenue dropped sharply to 6.8B won (from 20.1B); catalyst materials revenue slightly decreased to 8.6B won (from 10.0B).
Completion of Saemangeum precursor plant expands annual capacity to 35,000 tons, expected to boost battery materials revenue.
Declared cash dividend of 52 won per share (total 92.3M won payable) and holds 238,468 treasury shares.
Total borrowings 245.9B won, cash 59.7B won, net debt 186.2B won; debt ratio is high but major capex is complete.