FOODWELL (005670) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was KRW 85,110 million, up 21.9% year-over-year from KRW 69,816 million in Q1 FY2025, with operating income rising to KRW 5,846 million from KRW 3,409 million.

• Net income attributable to owners of parent increased to KRW 3,673 million, and basic EPS rose to KRW 414 from KRW 189 year-over-year.

• The company maintains a diversified product portfolio, including syrups, beverages, chestnut products, and health foods, with significant OEM and export operations, especially to Japan.

Financial highlights

• Gross profit for Q1 FY2026 was KRW 13,521 million, up from KRW 10,265 million year-over-year.

• Operating margin improved to 6.9% from 4.9% year-over-year.

• Cash and cash equivalents at quarter-end were KRW 17,284 million, up from KRW 12,856 million at the previous year-end.

• Total assets increased to KRW 251,277 million from KRW 238,033 million at the end of FY2025.

• Dividend of KRW 1,967 million was paid in April 2026 for FY2025.

Outlook and guidance

• No new business lines planned; focus remains on product quality, R&D, and expanding the product range to meet evolving consumer needs.

• Continued emphasis on strengthening production and quality management systems for sustainable growth.