KPX Holdings: Q1 2026 Consolidated Revenue KRW 311.0B, Operating Profit KRW 13.3B; Subsidiary Spin-off and Asset Sale Underway

Consolidated Q1 2026 revenue KRW 311.0B, operating profit KRW 13.3B, net profit KRW 32.6B (parent KRW 22.2B).
Debt ratio 36.97%, up from 32.58% at year-end 2025. Total assets KRW 2,286.2B, liabilities KRW 617.0B, equity KRW 1,669.2B.
Separate revenue KRW 57.8B, operating profit KRW 15.9B, net profit KRW 21.6B. Dividend income KRW 15.5B main source.
EPS consolidated KRW 5,617, separate KRW 5,479. Dividend per share KRW 1,000 (total KRW 3.95B) for FY2025. No quarterly dividend.
Spin-off of KPX Chemical's electronic materials division completed (Dec 1, 2025); newly established KPX Electochem listed. Electronic materials revenue KRW 21.8B (quarter). R&D ongoing.
Busan land/building sale (KRW 431B) balance payment due July 2026. Expected to secure liquidity.
Major subsidiaries: KPX Chemical (PPG, revenue KRW 197.7B), Jinyang Automotive (auto parts, KRW 34.2B), KPX Development (real estate, KRW 1.6B), etc.
R&D expenses: consolidated KRW 0.94B (0.5% of revenue), electronic materials KRW 0.49B (2.3%). Advancing semiconductor materials technology.
Contingent liabilities: loan commitments and guarantees with financial institutions. No significant litigation.
Largest shareholder Yang Joon-young and 4 others 48.44%, Toyota Tsusho 24.86%, treasury shares 6.53%.