Soulbrain (357780) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 was KRW 575.8 billion, with operating income of KRW 90.7 billion and net income attributable to owners of the parent at KRW 91.0 billion, reflecting a year-over-year decline in both revenue and profit.

• The company maintains a strong market position in semiconductor, display, and secondary battery materials, with leading domestic and global customers.

• The group expanded its consolidated subsidiaries to 15, including new acquisitions and business combinations in the period.

Financial highlights

• H1 2026 revenue decreased 37.6% year-over-year (KRW 575.8B vs. KRW 923.4B in FY2025).

• Operating income for H1 2026 was KRW 90.7B, down from KRW 133.6B in FY2025.

• Net income attributable to owners of the parent was KRW 91.0B, up from KRW 79.1B in FY2025 H1, but full-year 2025 was higher.

• Basic EPS for H1 2026 was KRW 11,876.

• Cash and cash equivalents at period end: KRW 251.8B.

Outlook and guidance

• The company plans to continue flexible facility investments in response to market and industry trends, focusing on semiconductor, display, and battery material lines.

• Ongoing R&D and new product development are prioritized to maintain competitiveness amid rapid technological changes in customer industries.