KOSES Reports Q1 2026 Operating Profit, Sells All Treasury Shares


  • Q1 2026 consolidated revenue: KRW 12.63 billion, operating profit: KRW 1.46 billion (OPM 11.5%), net profit: KRW 2.50 billion. Decrease YoY.
  • On Jan 26, 2026, sold all 614,016 treasury shares (3.7%) via off-hours trade, increasing capital surplus by KRW 8.13 billion. Diluted EPS to KRW 152 (vs. KRW 204 in Q1 2025).
  • Cash and cash equivalents surged to KRW 31.83 billion (from KRW 11.50 billion at year-end 2025). New short-term borrowing of KRW 3 billion (Shinhan Bank, 2.68%).
  • Inventories rose sharply to KRW 25.61 billion (from KRW 14.57 billion), mainly work-in-process. Contract assets remained at KRW 10.12 billion (4 battery equipment contracts, 97-98% completion).
  • Five ongoing lawsuits (total claim amount approx. KRW 2.46 billion), including two where company is defendant. Collateral pledged: KRW 16.8 billion (land and buildings).
  • Equity ratio improved to 77.6% (from 65.9% at year-end 2025).
  • R&D expenses: KRW 0.30 billion (2.39% of sales), 36 patents registered.
  • No dividends.

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: KOSES (089890)
  • Submission: KOSES Co.,Ltd
  • Receipt: 05-15-2026