Gamsung Corporation Posts Strong Q1 2026 Results and Declares Interim Dividend

Q1 2026 revenue: 58.5 billion KRW (+25.3% YoY), operating profit: 9.5 billion (+38.3%), net income: 8.5 billion (+49%), EPS: 94 KRW (+54%) – strong performance.
Completed share buyback of 15 billion KRW and cancellation of 13.3 billion KRW in 2025, continuing shareholder return policy.
After the reporting date, on April 2, 2026, the board resolved an interim dividend of 200 KRW per share (total ~18 billion KRW), paid on April 23.
On April 16, 2026, the board approved a simple spin-off of the mobile business division to enhance corporate value.
Stable financial structure: net debt-to-equity ratio 13.6%, short-term borrowings decreased to 7 billion (from 10 billion at end of previous year), cash holdings 29.7 billion.
Apparel segment (snow peak) accounts for 96.8% of sales; expansion in China (4th store open) and increasing export revenue.
R&D expenses 0.37 billion KRW (0.62% of sales); operates a design research institute to strengthen product competitiveness.
No material contingent liabilities or litigation; low financial risk.
Auditor: Daehyun Accounting Firm; no issues in internal accounting control evaluation.
Newly included in KOSDAQ150 in December 2025 – enhanced market recognition.

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