KCC Construction Q1 2026: Net Profit Up, Financial Structure Improves, Credit Rating Maintained

Q1 2026 revenue KRW 355.9bn (-20.8% YoY), operating profit KRW 20.4bn (-29.3%), net profit KRW 15.7bn (+15.9%)
Credit rating: Corporate bond A-(stable), CP A2- maintained
Total equity KRW 564.2bn (+2.1%), total liabilities KRW 922.0bn (-10.5%), net debt KRW 178.6bn (-30%)
2025 construction capability ranking 20th (previous 25th)
Contingent liabilities: PF loan guarantees KRW 384.1bn, SOC guarantees KRW 4.4tn, interim loan guarantees KRW 500.6bn
Multiple lawsuits ongoing but expected no material impact on financial statements
2025 dividend KRW 200 per share, 10 consecutive years of dividends, no share buyback plan