KANGWON ENERGY Co., Ltd. Q3 revenue KRW 49.2 billion, operating loss KRW 1.0 billion, net profit turns positive
KAI summary · Not investment advice
Gangwon Energy sold KRW 49.2 billion in Q3 but lost KRW 1.0 billion from its main business, and its net profit turned positive at KRW 4.2 billion.
Operating profit · 3 months
KRW -959.0 million
Key facts
- Revenue (3 months)
- KRW 49.2 billion
- Net income (3 months)
- KRW 4.2 billion
- Period
- Q3 (cumulative 2026.01.01 ~ 2026.09.30)
- Revenue (prior-year 3 months)
- KRW 37.3 billion
- Revenue (year to date)
- KRW 148.8 billion
- Operating profit (prior-year 3 months)
- KRW -5.8 billion
- Operating profit (year to date)
- KRW -1.9 billion
- Net income (prior-year 3 months)
- KRW -8.2 billion
- Net income (year to date)
- KRW 2.3 billion
Commentary
AI commentary · Not investment advice
What happened
Gangwon Energy reported its consolidated results for the 3rd quarter of 2026. Sales for the 3 months were KRW 49.18 billion. That is 32.0% above the same 3 months a year earlier (KRW 37.25 billion) and 3.6% above the previous quarter.
In the company's terms
Operating profit (profit from the core business) was a loss of KRW 0.96 billion for the 3 months. A year earlier, the loss was KRW 5.81 billion. Net income (the final profit after taxes and all other costs) was KRW 4.18 billion, a swing to profit from a loss of KRW 8.25 billion a year earlier.
What changes for shareholders
For the year to date (Jan 1 to Sep 30), sales were KRW 148.85 billion. Operating profit was a loss of KRW 1.92 billion. Net income was KRW 2.31 billion.
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