Daehan Steel Swings to Operating Loss in Third Quarter

Bitget2026/10/30 07:43

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Daehan Steel posted a third-quarter 2026 consolidated operating loss of KRW 1.42 billion, versus a year-earlier profit of KRW 7.97 billion.
Revenue rose 17.4% year over year to KRW 359.46 billion.
Sales fell 7.3% from the second quarter's KRW 387.73 billion.
Net loss totaled KRW 3.8 billion, compared with a year-earlier profit of KRW 14.26 billion.
For January-September 2026, net profit fell 83.3% to KRW 5.24 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daehan Steel Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030800834), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Daehan Steel Swings to Operating Loss in Third Quarter

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