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SKC (011790) investor relations material

SKC Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary27 Jul, 2026

Executive summary

  • Revenue in 2Q 2026 reached ₩645.4 billion, up 38% year-over-year and 30% quarter-over-quarter.

  • Operating loss narrowed to ₩14.4 billion, a significant improvement from previous quarters.

  • EBITDA turned positive at ₩29.1 billion, reflecting improved operational efficiency.

Financial highlights

  • Net loss for 2Q 2026 was ₩82.2 billion, with controlling interest net loss at ₩90.7 billion.

  • Gross profit increased to ₩70.3 billion, up from ₩4.17 billion in 1Q 2026.

  • Total assets rose to ₩8.23 trillion, with cash and equivalents at ₩2.07 trillion.

  • Debt ratio improved to 157% at 1H 2026 from 233% at end-2025.

Outlook and guidance

  • 2H 2026 expects continued sales growth in ESS and EV battery materials, driven by global customer production line transitions and capacity expansion.

  • Malaysian production ramp-up to enhance cost competitiveness, targeting over 85% utilization.

  • Strategic investments planned using capital from recent rights offering.

Malaysia plant #2 cost impact on profitability
Glass substrate reliability and POC progress
Strategic use of rights offering proceeds
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