KG Steel Discloses Regular Corporate Group Status: Assets 2.97T KRW, Debt Ratio 44.38%, New European Subsidiary Established – Normal Business Operations Confirmed
Financial Status: Total assets 2.97T KRW, total liabilities 914.3B KRW, total equity 2.06T KRW, debt ratio 44.38% indicating stable financial structure
Profit and Loss: Revenue 2.93T KRW, operating profit 133.5B KRW, net income 119.4B KRW
New Overseas Subsidiary: Established KG STEEL EUROPE B.V. in the Netherlands on March 26, 2026 as a wholly owned subsidiary, expanding into the European market
Shareholding Structure: Largest shareholder KG Eco Solution (45.00%), treasury shares 3.23%, controlling shareholder Kwak Jae-sun holds 0.10% – stable governance
Related Party Transactions: Product and service transactions with domestic affiliates 42B KRW, debt guarantee of 30.3B KRW to KG STEEL USA
Lease Liabilities: Normal operating leases including a logistics warehouse from KG GNS (449M KRW) and vehicle leases from KG Capital (approx. 340M KRW)
[AI Comprehensive Analysis]: This is a routine corporate group status disclosure with no material positive or negative events. The financial structure is sound, and the new European subsidiary is positive for long-term growth, but the short-term impact on stock price is limited.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]