Hyundai Feed Q1 2026: Net profit turns positive, delisting review pending


  • Consolidated revenue 30.1B KRW, operating profit 0.37B, net profit 1.07B (improved YoY)
  • Separate revenue 29.3B, operating profit 0.56B, net profit 1.41B
  • Total equity 70.1B, retained earnings -431.3B (accumulated deficit continues)
  • Debt-to-equity 51.8%, net debt to capital 9.5%
  • Allowance for trade receivables 0.77B (provision rate 2.8%), partial reversal
  • OCI financial assets impairment loss 0.25B, FVTPL financial assets gain 0.62B
  • Governance: Largest shareholder changed to BSJS (40.44%), subsidiary Hyundai House & Loan included
  • Listing eligibility review: KOSDAQ committee deliberation on June 12, 2026; improvement plan submitted
  • No dividends, no share buyback/cancellation
  • Financial guarantees 2.7B provided, total borrowings 15.2B (short-term 4.2B, long-term 10B, leases 1.9B)

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Hyundai Feed (016790)
  • Submission: Hyundai Feed Inc.
  • Receipt: 05-15-2026