Solus Advanced Materials 2026 Q1: Consolidated Operating Loss Narrows, Separate Entity Remains Profitable
- Consolidated revenue KRW 192.6B (battery foil 86.3%), operating loss KRW 22.0B (FY25: 73.3B), net loss KRW 2.9B (FY25: 138.4B), loss narrowed.
- Separate: revenue KRW 25.6B, operating profit KRW 0.5B, net profit KRW 20.3B.
- Debt ratio 157.4% (FY25-end: 128.5%), borrowings KRW 1.1T.
- Battery foil utilization 62.1% (new plant relocation), OLED/Advanced materials 7.2%.
- Completed sale of Circuit Foil Luxembourg shares.
- R&D expense KRW 3.4B (1.75% of revenue), increased patent registrations.
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KOSPI Filing Information
- Filing: Quarterly Report (2026.03)
- Company: Solus Advanced Materials (336370)
- Submission: Solus Advanced Materials Co., Ltd.
- Receipt: 05-14-2026