OCI Holdings Annual Group Disclosure: 22 Domestic Subsidiaries with Total Assets of 13.19 Trillion KRW, Net Profit of 23.4 Billion KRW… Some Subsidiaries in Loss and Capital Impairment, Overall Stable Financial Structure
OCI Holdings Group consists of 22 domestic affiliates (including a financial company) and numerous overseas subsidiaries, with total employees of 4,982.
Group total assets: 13.19 trillion KRW, equity: 7.55 trillion KRW, debt ratio: 74.66%. Cash and cash equivalents: 941.6 billion KRW.
Group annual revenue: 64.41 trillion KRW, operating profit: 231 billion KRW, net profit: only 23.4 billion KRW, due to losses at SGC E&C (operating loss 69.7 billion) and OCI (operating loss 35.6 billion).
Westside Logistics is in capital impairment (equity -33.8 billion), and both SGC Solutions and OCI SE recorded net losses of 9.1 billion and 12.4 billion, respectively.
OCI Holdings holds 54,000 treasury shares (0.29%) and resolved to enter into a trust agreement for treasury stock acquisition in February 2026.
During the disclosure period (May 28, 2025 – Apr 29, 2026), 37 new affiliates were added (mainly US solar project companies) and 7 were removed (including merger of P&O Chemical and liquidation of OCI Ferro), net increase of 30.
Total equity stake of the same person (Lee Woo-hyun, 7.17%) and relatives (20.54%) is 30.02%. No circular shareholding among domestic affiliates.
OCI Holdings provides debt guarantees of approximately 469.2 billion KRW for overseas subsidiaries (OCI TerraSus, OCIKUMHO, etc.), and intercompany loan balances amount to 163.8 billion KRW.
[AI Comprehensive Analysis]This disclosure is a routine annual group status report with no direct impact on stock price. However, persistent losses at some subsidiaries and capital impairment could pressure overall profitability. Recovery in SGC E&C and OCI will be key to future group valuation.
KOSPI Filing Information
Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]