GS Engineering & Construction Corp Quarter Report XBRL Error Amendment No Change in Financials or Dividend
This disclosure amends the quarterly report filed on May 14, 2026 to correct XBRL tagging errors in specific notes including consolidated notes 1, 7, 18, 30 and separate notes 7, 30. No financial figures have been changed.
The amendment has no financial impact and does not affect the reliability of the financial statements. First quarter 2026 results remain: consolidated revenue of 2.40 trillion won, operating profit of 73.5 billion won, and net profit attributable to parent of 0.55 billion won.
Shareholder return policy remains unchanged with a cash dividend of 500 won per share and a payout ratio of 45.4%. The company continues to hold 692,595 treasury shares. PF contingent liabilities stand at 3.2477 trillion won, SOC guarantee limits at 3.1089 trillion won, and total pending litigation amount at 3.58 trillion won.
The sale of GS Inima's 100% stake to TAQA for 900 million USD is progressing through regulatory approvals, with closing expected before February 2027. The credit rating for unsecured bonds remains A0 stable.
[AI Summary]This correction is limited to XBRL tagging errors and has no impact on financial figures or corporate value. GS E&C's sound financial structure and dividend policy remain intact, making this a neutral event for investors.
KOSPI Filing Information
[Correction of Description] Quarterly Report (2026.03)