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Foosung (093370) investor relations material
Foosung Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was KRW 141.4 billion, up 32.1% year-over-year, driven by strong refrigerant sales and expanded performance from subsidiaries.
Operating income reached KRW 9.3 billion, but the period ended with a net loss of KRW 7.2 billion attributable to owners, mainly due to finance costs and other non-operating losses.
The company maintains a leading position in fluorochemicals, battery materials, and semiconductor specialty gases, with unique domestic production capabilities.
Financial highlights
Q1 2026 consolidated revenue: KRW 141.4 billion (Q1 2025: KRW 107.1 billion).
Operating income: KRW 9.3 billion (Q1 2025: KRW 9.3 billion).
Net loss attributable to owners: KRW -10.0 billion (Q1 2025: KRW 5.3 billion profit).
Gross margin: 17.6% (Q1 2025: 15.2%).
Basic EPS: -93 KRW (Q1 2025: 50 KRW).
Outlook and guidance
The company is investing in capacity expansion for battery materials and specialty gases to capture global demand.
Focus remains on R&D for next-generation refrigerants and battery additives, with ongoing patent activity.
No specific quantitative guidance provided for the remainder of 2026.
- H1 2024 revenue dropped 24.8% but net profit rebounded to ₩7.4 billion after a capital raise.093370
Q2 202425 Jun 2026 - Revenue down 21.5% YoY, net income positive at ₩6.5B, capital raised for growth.093370
Q3 202425 Jun 2026 - Q1 2025 saw stable revenue, improved margins, and ongoing investment in growth despite a small loss.093370
Q1 202525 Jun 2026 - Revenue up 4.91% YoY, operating profit positive, net loss narrowed, global expansion ongoing.093370
Q2 202525 Jun 2026 - Revenue up 7.6% YoY, operating profit positive, and major investments in battery and semiconductor materials.093370
Q3 202525 Jun 2026 - Revenue up 7.7% and operating income positive, driven by chemical equipment growth.093370
Q4 202512 May 2026 - 2024 saw a 16% revenue drop and net loss amid weak battery and semiconductor demand.093370
Q4 202423 Feb 2026
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