WCP narrows Q1 operating loss by 32.6% YoY to KRW 20.5 billion

Published: May 13, 2026 15:32

WCP announced on May 11 that it posted consolidated revenue of KRW 42.8 billion, an operating loss of KRW 20.5 billion and a net loss of KRW 48.4 billion for the first quarter of this year.

Revenue increased 26.5% year on year, while the operating loss narrowed by 32.6%. However, the net loss widened by 45.4%.

Compared with the previous quarter, revenue rose 57.9%, while the operating loss narrowed by 49% and the net loss decreased by 11.4%.

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WCP announced on May 11 that it posted consolidated revenue of KRW 42. - Shanghai Metals Market (SMM)