GS Engineering & Construction Corp Corrects XBRL Errors in Q3 2025 Quarterly Report, No Financial Impact, Consolidated Revenue 9.47 Trillion KRW and Operating Profit 381 Billion KRW, 300 Won Dividend Maintained
This correction filing is to fix XBRL tagging errors in the notes to the consolidated and separate financial statements of the Q3 2025 quarterly report originally filed on November 13, 2025, with no changes to any financial figures.
On a consolidated basis for the first three quarters of 2025, revenue was 9.4669 trillion KRW, operating profit 380.9 billion KRW, and net profit 48.7 billion KRW, with a debt-to-equity ratio of 239.9%. The building and housing division accounted for 63.4% of revenue, while the Inima division showed improved performance.
PF contingent liabilities total 3.77 trillion KRW in guarantees, including joint and several guarantees and completion guarantee agreements for bridge loans and primary PF loans related to redevelopment and other projects. Administrative disposition cancellation lawsuits related to the Geomdan accident are ongoing, but with a stay of execution, there is no impact on business operations.
A cash dividend of 300 won per common share for FY2024 has been confirmed, with a dividend yield of 1.2%. The company maintains a mid- to long-term dividend policy of distributing at least 20% of consolidated adjusted net profit attributable to controlling interests.
[AI Summary]This correction merely fixes XBRL tag errors and has no material impact on the reliability of the financial statements or investors' decision-making. GS Engineering & Construction Corp's Q3 2025 performance is based on solid revenue from the building and housing division and stable earnings from Inima, and while PF risks require monitoring, the overall financial structure remains stable.
KOSPI Filing Information
[Correction of Description] Quarterly Report (2025.09)