F&F Holdings Reports Strong Q1 2026 Results, Dividend Increase and New Investments

Q1 2026 consolidated revenue KRW 560.9bn (+9.5% YoY), operating profit KRW 145.7bn, net profit KRW 165.8bn
Cash and cash equivalents surged to KRW 681.1bn (from KRW 396.9bn at year-end 2025); debt ratio 20.6%
Final FY2025 cash dividend of KRW 500 per share (up from KRW 450); mid-term dividend policy of 'gradual increase' maintained
Investment in associates (incl. TaylorMade funds) stable at KRW 747.2bn; slight decrease in equity method gains
Decided to sell Yeoksam office building in Feb 2026 (closed in Mar); acquired new Gangnam HQ in 2024 (KRW 352bn)
Post-report new investments: AI fund KRW 9.9bn; Meritz-F&F-Tigris fund KRW 67.7bn
Major shareholder and related parties hold 91.71% stake; stable management control; minority 8.29%
One minor lawsuit (KRW 64mn) with immaterial impact; no contingent liabilities