Turnaround to Profit and 49% Operating Profit Growth


  • Revenue 31.98B KRW, up 18.67% YoY (prior 26.94B)
  • Operating profit 23.52B, up 49.07% (prior 15.78B)
  • Net profit 5.81B, turned positive (prior -0.59B)
  • Main drivers: rental increases, hotel revenue growth, IFRS-based property tax accounting reducing expenses
  • Total assets 1.09T, liabilities 737.6B, equity 352.5B
  • Equity excl. NCI 252.8B
  • Unaudited, subject to change
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KOSPI Filing Information


  • Filing: Change in Sales or Profit Structure of 30% (15% for Large Corporations) or More
  • Company: Shinhan Seobu T&D REIT (404990)
  • Submission: Shinhan Seobu T&D REIT Co., Ltd.
  • Receipt: 02-04-2026
  • Under KRX KOSPI Market Division, Amended (Refer to related filing)