Korea Gas Corporation disclosed via DART on May 13, 2026, that its consolidated operating profit for Q1 2026 reached $608M, representing a 9.1% increase year-over-year.
Earnings at a Glance
Revenue declined compared to the same period last year, but both operating profit and net income improved. After posting a net loss of $272M in Q4 2025, the company swung to a net profit of $366M this quarter.
- Revenue: $7.89B, -7.3% YoY
- Operating Profit: $608M, +9.1% YoY
- Pre-tax Income: $480M, +48.9% YoY (swing to profit vs. prior quarter)
- Net Income: $366M, +49.3% YoY (swing to profit vs. prior quarter)
Market Reaction
Hanwha Investment & Securities assessed the results as coming in below consensus estimates and lowered its target price accordingly. The slow pace of receivables recovery remains a persistent concern. Stock price and foreign ownership data were not included in this disclosure.
This article was auto-generated based on the original DART filing and domestic and international reports, with the goal of delivering key data promptly following the announcement. Readers are advised to consult the official company disclosure before making any investment decisions.
