Korean Airport reports consolidated Q1 2026 sales of 178.0 billion won, operating profit of 19.7 billion won, maintains debt-free status


  • Consolidated Q1 2026 sales 177,976 million won, operating profit 19,686 million won, net income 15,912 million won (separate: sales 156,159 million, operating profit 14,950 million, net income 12,242 million)
  • Maintains debt-free position: zero borrowings, cash and equivalents 84,811 million won (consolidated)
  • Debt ratio increased to 34.5% from 30.7% at year-end 2025 (contingent liabilities and lawsuit risk exist)
  • Ongoing lawsuit: wage peak system damage claim (claim amount 8.44 billion won), first trial in progress
  • 2026 annual investment plan of 40 billion won (mainly ground handling and rental equipment)
  • ESG: KCGS integrated A grade for second consecutive year
  • Market share in ground handling: passenger 41.3%, cargo 50.6% (Incheon Airport basis)
  • Subsidiary Air Korea: Q1 sales 22,981 million won, operating profit 4,736 million won
  • Dividend policy: articles amended to allow flexible record date (specific dividend amount not disclosed)

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Korea Airport Service (005430)
  • Submission: Korea Airport Service Co., Ltd.
  • Receipt: 05-15-2026