DAEHO AL Slightly Revises Loan Default Amount, Liquidity Risk Persists
DAEHO AL filed a correction to its previous loan default disclosure on July 1, 2026, slightly adjusting the overdue amount. The principal was revised from 5.5 billion won to 5.49 billion won, and interest from 200 million won to zero, reducing the total default from 5.52 billion won to 5.49 billion won, a negligible change of 0.06% of market cap.
The default reason remains insufficient repayment funds, with negotiations ongoing with Korea Development Bank for schedule adjustment. Financial uncertainty persists due to a disclaimed audit opinion on 2025 financial statements, and the correction does not alter the fundamental liquidity risk.
With the default amount still at 11.8% of market cap 46.3 billion won, the situation continues to pressure the stock price through potential credit downgrades or additional capital needs.
[AI Summary]DAEHO AL's correction slightly reduces the reported default amount, but the core liquidity crisis and financial uncertainty remain unchanged. The default following the audit opinion disclaimer has damaged corporate credibility, and concrete funding and operational improvement plans are needed for stock price recovery.
KOSPI Filing Information
[Correction of Description] Occurrence of Default on Loan Principal and Interest