Soulbrain Holdings Q1 2026: Share Cancellation & Dividend Maintained, Earnings Down

Completed cancellation of 460,075 treasury shares (approx. KRW 28bn) on Mar 6, 2026, enhancing shareholder value.
FY2025 dividend: 100% of par value per share, total KRW 10.04bn.
Q1 2026 consolidated revenue KRW 176.3bn, operating profit KRW 1.5bn (0.8% margin), net profit attributable to parent KRW 22.5bn.
Net profit decline YoY (vs Q1 2025: KRW 48.7bn) due to absence of discontinued operations gain from ARK Diagnostics sale in 2025.
Segment: secondary battery materials KRW 81.7bn (46% of total), display KRW 16.7bn (9%), bio/healthcare KRW 39.1bn (22%).
Key subsidiary Soulbrain Q1 revenue KRW 263.8bn (semiconductor 84%, display 5%, battery 7%).
Total borrowings KRW 228.7bn; net debt KRW 30.4bn (cash: KRW 198.4bn).
FX sensitivity: 10% change in exchange rates impacts KRW 15.3bn on consolidated basis.
Interest rate sensitivity: 100bp change impacts KRW 1.4bn on consolidated basis.
Post-report: Board approved KRW 110bn loan to subsidiary Soulbrain Network.