KBI Dong Yang Steel Pipe Q1 2026: Operating profit turns positive, net profit turns positive


  • Consolidated revenue KRW 67.0bn, operating profit KRW 4.19bn (turnaround from loss of KRW 0.03bn in previous quarter), net profit KRW 1.71bn (turnaround from loss of KRW 1.21bn in previous quarter)
  • Significant improvement in operating and net profit compared to previous quarter; EPS KRW 16 (vs. -KRW 15)
  • Net debt-to-equity ratio 26.69% (up from 16.41% at year-end), total borrowings KRW 54.5bn, cash and cash equivalents KRW 16.3bn
  • Increased financial costs due to FX fluctuations (year-end rate USD 1,513.40) including derivative valuation loss of KRW 3.36bn
  • No dividends or share buyback/cancellation
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KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: KBI DONG YANG STEEL PIPE (008970)
  • Submission: KBI DONG YANG STEEL PIPE CO.,LTD
  • Receipt: 05-15-2026