TS Corp Q1 Earnings Decline, but Share Buyback Cancellation Boosts Shareholder Return
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Consolidated Q1 sales 315.1B KRW (YoY -4.3%), operating profit 5.5B (-33.6%), net profit 9.4B (-75.7%)
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Decided and completed full cancellation of 3,454,665 treasury shares (as of May 8, 2026)
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Imposed FTC fine of 127.4B KRW for unfair collusion
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Seoul Customs tax adjustment of 18.1B + penalties 5.0B KRW
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Corporate bond credit rating maintained at A- (Korea Ratings, NICE Investors Service)
KOSPI Filing Information
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Filing: Quarterly Report (2026.03)
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Company: TS (001790)
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Submission: TS Corporation
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Receipt: 05-15-2026